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

Author Question: From the insured's perspective, the use of deductibles in insurance contracts is an example of A) ... (Read 451 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
on: Jul 11, 2018
From the insured's perspective, the use of deductibles in insurance contracts is an example of
 
  A) risk transfer.
  B) risk control.
  C) risk avoidance.
  D) risk retention.

Question 2

The extra expense incurred by a business to stay in operation following a fire is an example of a(n)
 
  A) fundamental risk.
  B) speculative risk.
  C) direct loss.
  D) indirect loss.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

randomguy133

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D


D2AR0N

  • Member
  • Posts: 561
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
One-point linear perspective. One-point linear perspective.
Perspective analysis of Duccio, Annunciation of the Death of the Virgin, from the Maestà ... Perspective analysis of Duccio, Annunciation of the Death of the Virgin, from the Maestà ...
Types of Health Insurance Service Coverage Types of Health Insurance Service Coverage
Anatomy of the heart. Remember: It is labeled right and left based on the patient’s perspective. Anatomy of the heart. Remember: It is labeled right and left based on the patient’s perspective.
Student Perspective of Research Student Perspective of Research
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library