This topic contains a solution. Click here to go to the answer

Author Question: Brenda identified all of the pure loss exposures her family faces. Then she analyzed these loss ... (Read 93 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
Brenda identified all of the pure loss exposures her family faces. Then she analyzed these loss exposures, developed a plan to treat these risks, and implemented the plan. The process Brenda conducted is called
 
  A) personal insurance programming.
  B) personal estate planning.
  C) personal financial planning.
  D) personal risk management.

Question 2

Which of the following statements about a personal risk management program is (are) true?
 
  I. Insurance and retention are the only techniques used to handle potential losses.
  II. The steps in a personal risk management process are the same steps used by businesses.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

Answer: D

Answer to Question 2

Answer: B




WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jul 11, 2018
:D TYSM


milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library