Why are most exposures pure risks?
A) The loss of income or assets carries no reward
B) The loss of health insurance carries a reward
C) The loss of income or assets carries a reward
D) Both a and b
E) None of the above
Correct Answer:
Verified
Q10: An individual facing risk:
A)Is unaware of the
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
Q16: What is business risk?
A)A risk that carries
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
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