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Exam Code: MLO
Exam Name: Mortgage Loan Origination (SAFE MLO) Exam
Vendor: NMLS

60 Questions & Answers
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NEW QUESTION: 1
The Tidewater Life and Health Insurance Company is owned by its policy owners, who are entitled to certain rights as owners of the company, and it issues both participating and nonparticipating insurance policies. Tidewater is considering converting to the type of company that is owned by individuals who purchase shares of the company's stock. Tidewater is incorporated under the laws of Illinois, but it conducts business in the Canadian provinces of Ontario and Manitoba.
Tidewater established the Diversified Corporation, which then acquired various subsidiary firms that produce unrelated products and services. Tidewater remains an independent corporation and continues to own Diversified and the subsidiaries. In order to create and maintain a common vision and goals among the subsidiaries, the management of Diversified makes decisions about strategic planning and budgeting for each of the businesses. In order to become the type of company that is owned by people who purchase shares of the company's stock, Tidewater must undergo a process known as
A. demutualization
B. piercing the corporate veil
C. management buy-out
D. mutualization
Answer: A

NEW QUESTION: 2
HOTSPOT
You have a web application that uses a MongoDB database. You plan to migrate the web application to Azure.
You must migrate to Cosmos DB while minimizing code and configuration changes.
You need to design the Cosmos DB configuration.
What should you recommend? To answer, select the appropriate options in the answer area NOTE: Each correct selection is worth one point

Answer:
Explanation:


NEW QUESTION: 3

A. Option D
B. Option C
C. Option A
D. Option B
Answer: D
Explanation:
Reference:http://kb.vmware.com/selfservice/microsites/search.do?language=en_US&cmd=display KC&externalId=1026339


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