Property & Casualty Tennessee State Licensing Exam Questions With Complete Solutions Physical Hazard - Correct Answers ✅hazard that arises from the property itself Morale Hazard - Correct Answers ✅person driving crazy because they have insurance Moral Hazard - Correct Answers ✅create a loss situation to collect from insurance company Aleatory - Correct Answers ✅contingent on a certain event that provides for unequal transfer of value between parties Contract of Adhesion - Correct Answers ✅one party has greater power over the other in the contract Class 1-Frame - Correct Answers ✅outside support walls, roof and floors are made of wood or other combustible materials exterior is stucco or brick veneer interior is lath and plaster Class 2-Joist and Masonry - Correct Answers ✅outside support walls are made of non-combustible materials and the roof and floor are made of combustible materials 1 / 2
Property & Casualty Tennessee State Licensing Exam Questions With Complete Solutions Combustible Materials - Correct Answers ✅wood or other materials that easily catch fire Noncombustible Materials - Correct Answers ✅are materials like concrete, stone, brick, or metal that do not easily catch fire Class 3-Noncombustible - Correct Answers ✅everything is constructed of and supported by noncombustible materials Class 4- Masonry Noncombustible - Correct Answers ✅exterior walls constructed of masonry and the roof and floor are constructed of noncombustible materials Class 5- Modified Fire Resistive - Correct Answers ✅everything is constructed of masonry or fire material with a fire resistance rating of 2 hours or less Class 6- Fire Resistive - Correct Answers ✅everything is constructed of masonry or fire resistive material rated of 2 hours or more
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