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Mortgage Loan Origination (SAFE MLO) Exam

  • Exam Number/Code : MLO
  • Exam Name : Mortgage Loan Origination (SAFE MLO) Exam
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
  • Price: $ 99.00 $ 39.00
MLO

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NEW QUESTION: 1
A non-repeating automation rule has matched 100 prospects. A user pauses the automation rule, edits the rules criteria, and resumes the rule.
What would happen to the 100 prospects who previously matched the rule?
A. The rule will unapply actions to prospects who no longer match the criteria.
B. The prospects will be marked as unmatching the updated rule.
C. The actions will reapply to prospects who match the new rule criteria.
D. The prospects will not unmatch the rule and no new actions will be applied.
Answer: B

NEW QUESTION: 2
Refer to the exhibit.

If switch SW2 was replaced with a router, which two effects would it have on the network? (Choose two.)
A. reduce the number of broadcast domains
B. no change in collision domains
C. increase the number of collision domains
D. reduce the number of collision domains
E. increase the number of broadcast domains
Answer: B,E

NEW QUESTION: 3
Examine the structure of the PROMOTIONS table:

The management wants to see a report of unique promotion costs in each promotion category.
Which query would achieve the required result?
A. SELECT promo_category, DISTINCT promo_cost FROM promotions;
B. SELECT DISTINCT promo_cost, DISTINCT promo_category FROM promotions;
C. SELECT DISTINCT promo_category, promo_cost FROM promotions ORDER BY 1;
D. SELECT DISTINCT promo_cost, promo_category FROM promotions;
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 4
The principle of subrogation prevents a policyholder from profiting from
A. submitting a full claim recovery under more than one insurance policy.
B. claiming under both his insurance policy and against any negligent third party.
C. assigning abandonment rights to the insurer.
D. retaining salvaged property.
Answer: B