Author Question: Which of the following statements regarding private insurance and government insurance is (are) ... (Read 71 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
Which of the following statements regarding private insurance and government insurance is (are) true?
 
  I. Private insurance programs include life and health insurance and property and liability insurance.
  II. Social insurance programs are government insurance programs that are voluntary and financed entirely by contributions from covered employers.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

All of the following are benefits to society that result from insurance EXCEPT
 
  A) less worry and fear.
  B) elimination of moral hazard.
  C) indemnification for loss.
  D) loss prevention.



Gabe

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library