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 449 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

samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Experiment of Lederberg and Tatum demonstrating gene transfer in E. coli Experiment of Lederberg and Tatum demonstrating gene transfer in E. coli
Increased risk of trisomy with maternal age. Increased risk of trisomy with maternal age.
Nursing Interventions According to Stage of Severity for Suicide Risk Nursing Interventions According to Stage of Severity for Suicide Risk
Pregnant and Lactating Women, Children, the Ill, and Older Adults Are at the Highest Risk Pregnant and Lactating Women, Children, the Ill, and Older Adults Are at the Highest Risk
Risk factor for children age 2 to 3 Risk factor for children age 2 to 3
Risk of Down Syndrome (Trisomy 21) by Maternal Age Risk of Down Syndrome (Trisomy 21) by Maternal Age
Video: Exercise and cardiac output

For a complete list of videos, visit our video library