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CPCU 500 ACTUAL EXAM 2024 LATEST VERSION WITH 150 EXAM QUESTIONS AND CORRECT ANSWERS GRADED A (BRAND NEW!!)

CPCU 500 ACTUAL EXAM 2024 LATEST VERSION WITH 150 EXAM QUESTIONS AND CORRECT ANSWERS GRADED A (BRAND NEW!!)

CPCU 500 ACTUAL EXAM 2024 LATEST VERSION WITH 150 EXAM QUESTIONS AND CORRECT ANSWERS GRADED A (BRAND NEW!!)
CPCU 500 ACTUAL EXAM 2024 LATEST VERSION WITH 150 EXAM QUESTIONS AND CORRECT ANSWERS GRADED A (BRAND NEW!!)JNL Construction is a general contractor. As the risk management professional for
JNL, Marie should be aware of the company's contractual obligations, as well as
the contractual obligations that others owe JNL. This knowledge is necessary for
Marie to meet which one of the following pre-loss risk management goals?
Choose one answer.
A. Legality
B. Social responsibility
C. Tolerable uncertainty
D. Continuity of operations - ANSWER-A. Legality
Delmond Manufacturing is opening a new manufacturing facility in a building that
it purchased from a competitor. Using the information below, which one of the
following represents the cost of risk of opening the new facility?
New building cost $60.0 million
Safety system upgrades $6.0 million
Insurance premiums $1.5 million
Retained losses $3.0 million
Risk management department budget at the site $1.0 million
Choose one answer.

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