What is business risk?
A) A risk that carries no financial reward
B) A risk taken for financial reward.
C) The risk that the insurance company will not meet its obligations
D) The risk that the insurance holder will not meet its obligations
E) None of the above
Correct Answer:
Verified
Q11: Which of the following is not an
Q12: In which of the following cases should
Q13: A hazard is best defined as:
A)An increase
Q14: Medicaid is an example of:
A)Liability insurance
B)Government insurance
C)Property
Q15: Why are most exposures pure risks?
A)The loss
Q17: Which of the following is used to
Q18: The actions of stockholder-owned insurance companies:
A)May conflict
Q19: Which of the following homeowner's policies covers
Q20: The risk of a person behaving negligently
Q21: Coverage of losses to you or your
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