Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 2 Exam with our comprehensive quiz that covers essential concepts and topics. Enhance your understanding with multiple choice questions designed to test your knowledge and boost your confidence before the exam.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Why might an insurance company be hesitant about fire coverage for a historic home?

A home has 100-amp electric service
The main electric disconnect is separate from the distribution panel
A vintage knob-and-tube wiring system may exist in the home
The home has a modern 10-circuit distribution panel
The home lacks modern insulation standards
The home has a brick exterior

The correct answer is: A vintage knob-and-tube wiring system may exist in the home

An insurance company might be hesitant about fire coverage for a historic home because of the potential presence of a vintage knob-and-tube wiring system in the home. Knob-and-tube wiring is an older electrical wiring system that can pose a higher risk of fire compared to modern electrical systems. Insurance companies are typically concerned about potential fire hazards when insuring properties, and knob-and-tube wiring is often seen as a red flag due to its age and increased fire risk. Therefore, the presence of knob-and-tube wiring in a historic home could make an insurance company hesitant to provide fire coverage for the property. Options A, B, D, E, and F are not directly related to the increased fire risk associated with knob-and-tube wiring, which is why they are not the correct answer in this context.