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Exam Code: MLO

Exam Name: Mortgage Loan Origination (SAFE MLO) Exam

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
Tee Ltd has contracted to use Vee Ltd's "Grand Hotel" for a business conference. Which of the following would not be regarded as a valid excuse for Vee Ltd for the unavailability of the hotel on the agreed date?
(i) The hotel was closed due to flood damage.
(ii) The hotel was double booked.
(iii) The hotel manager had arranged to have the hotel redecorated; the decorators had failed to complete the work by the agreed date.
A. (i), (ii) and (iii)
B. (i) only
C. (ii) and (iii) only
D. (iii) only
Answer: C

NEW QUESTION: 2
An organization wishes to more efficiently produce services by adopting a DevOps culture. What transformation must occur to support this adoption?
A. Unify processes and methods from various departments
B. Unify management from various departments
C. Co-locate staff from various departments
D. Implement a daily review meeting across departments
Answer: A

NEW QUESTION: 3
An engineer is working at a remote site that does not have Internet access. Which of the following features should the engineer use to connect a laptop to the Internet if hotspot functionality is unavailable?
A. Tethering
B. Near field communication
C. Virtual private network
D. Wireless LAN
Answer: A

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