Life-Producer Passed - Sample Life-Producer Questions, Latest Maryland Life Producer Exam (Series 20-27) Dumps - Cads-Group

  • Exam Number/Code : Life-Producer
  • Exam Name : Maryland Life Producer Exam (Series 20-27)
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
Which three replenishment count types are used for Periodic Automated Replenishment (PAR)?
A. Order Quantity: Generates a replenishment request for the order quantity entered for the replenishment count
B. Reorder Point: Generates a replenishment request for the order quantity based on days of cover for the item lead time
C. On-Hand Quantity: Generated a replenishment requisition for the difference between the on-hand quantity and the PAR-level quantity
D. Order Economic Order Quantity (EOQ): Generates a replenishment request for the calculated quantities based on inventory policies to maintain the PAR quantity
E. Order PAR: Generates a replenishment requisition for the PAR-level quantity
Answer: B,C,E

NEW QUESTION: 2
A parent corporation owned more than 90% of each class of the outstanding stock issued by a subsidiary
corporation and decided to merge that subsidiary into itself. Under the Revised Model Business
Corporation Act, which of the following actions must be taken?
A. The subsidiary corporation's dissenting stockholders must be given an appraisal remedy.
B. The subsidiary corporation's board of directors must pass a merger resolution.
C. The parent corporation's stockholders must approve the merger.
D. The parent corporation's dissenting stockholders must be given an appraisal remedy.
Answer: A
Explanation:
Choice "b" is correct. In a short form merger (one between a parent and a subsidiary 90% of which is
owned by the parent), the subsidiary's shareholders have a right to dissent and take advantage of the
appraisal remedy. Choice "a" is incorrect. The subsidiary's board is not required to take any action in a
short-form merger. Choice "c" is incorrect. The parent corporation's shareholders have no right to approve
or disapprove a short-form merger. Choice "d" is incorrect. The parent corporation's shareholders have no
right to dissent to a short-form merger.

NEW QUESTION: 3
When contracting for software development, what is the correct sequence of events in the contracting life cycle?
A. Operation and maintenance, contract negotiations, selection of an outside organization
B. Selection of an outside organization, operation and maintenance, contract negotiations
C. Contract negotiations, selection of an outside organization, operation and maintenance
D. Selection of an outside organization, contract negotiations, operation and maintenance
Answer: D

 

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Life-Producer Passed - Sample Life-Producer Questions, Latest Maryland Life Producer Exam (Series 20-27) Dumps - Cads-Group


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