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Quiz

1/10
Business & Professional Ethics
Which of the following is NOT a characteristic of professional ethics?
Select the answer
1 correct answer
A.
Confidentiality
B.
Integrity
C.
Honesty
D.
Dishonesty

Quiz

2/10
Marine & Insurance Law
Which law regulates marine insurance in the United States?
Select the answer
1 correct answer
A.
Maritime Law
B.
Marine Insurance Act
C.
Uniform Commercial Code
D.
Jones Act

Quiz

3/10
Yacht Appraisal & Valuation
What is the first step in the yacht appraisal process?
Select the answer
1 correct answer
A.
Collecting data
B.
Inspecting the yacht
C.
Analyzing the market
D.
Determining the purpose of the appraisal

Quiz

4/10
Yacht Charter & Management
What is the minimum age requirement to charter a yacht in the United States?
Select the answer
1 correct answer
A.
16 years old
B.
18 years old
C.
21 years old
D.
25 years old

Quiz

5/10
Yacht Sales & Purchase Practices
Which of the following is a common practice in yacht sales?
Select the answer
1 correct answer
A.
Conducting a thorough survey of the yacht before purchase
B.
Signing a purchase agreement without any inspections
C.
Transferring funds directly to the seller without using an escrow account
D.
Not verifying the ownership status of the yacht

Quiz

6/10
Business & Professional Ethics
What is the purpose of a code of ethics in a business environment?
Select the answer
1 correct answer
A.
To increase profits
B.
To maintain legal compliance
C.
To guide ethical decision-making
D.
To promote competition

Quiz

7/10
Marine & Insurance Law
What is the main purpose of marine insurance?
Select the answer
1 correct answer
A.
To provide compensation for losses in case of accidents at sea
B.
To ensure compliance with international maritime regulations
C.
To protect the environment from marine pollution
D.
To promote international trade through maritime transportation

Quiz

8/10
Yacht Appraisal & Valuation
Which of the following factors can influence the value of a yacht?
Select the answer
1 correct answer
A.
Age and condition
B.
Brand and reputation
C.
Size and layout
D.
All of the above

Quiz

9/10
Yacht Charter & Management
Which type of yacht charter allows for more flexibility in choosing destinations and itineraries?
Select the answer
1 correct answer
A.
Crewed charter
B.
Bareboat charter
C.
Skippered charter
D.
Day charter

Quiz

10/10
Yacht Sales & Purchase Practices
What is the role of a yacht broker in a yacht sale?
Select the answer
2 correct answers
A.
Facilitating negotiations between the buyer and seller
B.
Providing legal advice and drafting contracts
C.
Inspecting the yacht for any defects or issues
D.
Handling the financial transactions and transfers
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Info quiz:

  • Quiz name:CPYB Exam
  • Total number of questions:200
  • Number of questions for the test:100
  • Pass score:70%
  • Number of topics:5 Topics
Study topics:Number of questions:
  • Business & Professional Ethics:40 Questions
  • Marine & Insurance Law:40 Questions
  • Yacht Appraisal & Valuation:40 Questions
  • Yacht Charter & Management:40 Questions
  • Yacht Sales & Purchase Practices:40 Questions

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