This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is an example of a noninsurance risk transfer? A) not engaging in ... (Read 450 times)

khang

  • Hero Member
  • *****
  • Posts: 569
on: Jul 11, 2018
Which of the following is an example of a noninsurance risk transfer?
 
  A) not engaging in dangerous activities
  B) entering into a hold-harmless agreement
  C) installing smoke detectors in your home
  D) using nonflammable building material when constructing a house

Question 2

All of the following statements about risk retention are true EXCEPT
 
  A) It may be used intentionally if commercial insurance is unavailable.
  B) It may be used passively because of ignorance.
  C) Its use is most appropriate for low-frequency, high-severity types of risks.
  D) Its use results in cost savings if losses are less than the cost of insurance.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elyse44

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


khang

  • Member
  • Posts: 569
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Many hobbies and leisure activities have some risk of health-related injuries Many hobbies and leisure activities have some risk of health-related injuries
Transfer RNA (tRNA) Structure Transfer RNA (tRNA) Structure
What Reduces the Risk of Divorce? What Reduces the Risk of Divorce?
Algorithm for assessing a patient at risk for suicide. Algorithm for assessing a patient at risk for suicide.
Transfer from the rough endoplasmic reticulum (RER) to the Golgi complex Transfer from the rough endoplasmic reticulum (RER) to the Golgi complex
Holley’s two-dimensional cloverleaf model of transfer RNA Holley’s two-dimensional cloverleaf model of transfer RNA
Video: Conduction of action potentials

For a complete list of videos, visit our video library