Which of the following potential losses is not an example of a pure risk?
A) loss of a home by fire
B) theft of a car
C) loss of $10,000 in the stock market
D) theft of your wallet containing $100
Correct Answer:
Verified
Q5: Proximate cause means:
A) the first insured peril
Q8: Defective electrical wiring that may lead to
Q8: All the following are direct losses except:
A)
Q9: "Cash flow underwriting" refers to:
A)a combined ratio
Q10: Smoking cigarettes is an example of:
A)moral hazard
B)morale
Q10: It may be correctly claimed that insurers
Q12: The aggregate increased cost to society of
Q13: All the following are direct losses except:
A)
Q14: Which of the following is NOT a
Q16: A peril is defined as:
A)the proximate cause
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents