Author Question: Deductibles serve to A) enhance the profits of the insurance companies by denying payments on ... (Read 98 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
Deductibles serve to
 
  A)
 
  enhance the profits of the insurance companies by denying payments on small claims.
  B)
 
  dissuade customers who are at high risk from purchasing insurance.
  C)
 
  reduce court awards for damages.
  D)
 
  lower premiums by eliminating the cost of handling many small claims.

Question 2

A unit investment trust is similar to a mutual fund, except shares are bought in units and the trust is more aggressively managed.
 
  Indicate whether the statement is true or false



Shshxj

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

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

For a complete list of videos, visit our video library