A risk that affects only individuals or small groups and not the entire economy is called a
A) diversifiable risk.
B) pure risk.
C) speculative risk.
D) nondiversifiable risk.
Question 2
ABC Insurance Company sells auto insurance in one state. Recently, the state legislature passed a law that limits the use of an individual's credit history by insurers when selecting applicants to insure.
This change in law will increase the possibility of unprofitable results for ABC. This type of hazard is an example of
A) physical hazard.
B) legal hazard.
C) moral hazard.
D) attitudinal hazard.
Bayliss and Starling discovered the mechanism by which the small intestine and pancreas work togethe
Nitrogenous wastes produced by different animal groups.
A small herd of Przewalski's Horses
Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Small Town USA: Struggling to Survive