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Exam Code: Advanced-CAMS-Audit Dumps

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NEW QUESTION: 1


Answer:
Explanation:

Explanation


NEW QUESTION: 2
An arrangement wherein a terminally ill person sells a second party his life insurance policy at a discount
from its face value, giving the buyer the right to the policy's face value when the seller dies is called a:
A. life straddle.
B. deceased option.
C. viatical settlement.
D. death warrant.
Answer: C
Explanation:
A viatical settlement is an arrangement under which a terminally ill person sells a second
party his life insurance policy at a discount from its face value. When the terminally ill person dies, the
buyer of the policy receives its face value. Some states consider viatical settlements to be securities, and
they have come under the scrutiny of the NASAA since there is a significant potential for fraud in the
writing of these contracts.

NEW QUESTION: 3
Refer to the exhibit.

What is the result of applying these two rules to a voice translation-profile for use with an ISDT1 PRI on a Cisco Voice gateway?
A. The ISDN Plan is modified to the administrators defined value.
B. The ISDN Type is modified to the administrators defined value.
C. Any Zero is stripped from the numeric phone number.
D. The leading Plus is stripped from the numeric phone number.
Answer: B


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