Author Question: The worst loss that is likely to happen is referred to as the A) maximum possible loss. B) ... (Read 185 times)

student77

  • Hero Member
  • *****
  • Posts: 567
The worst loss that is likely to happen is referred to as the
 
  A) maximum possible loss.
  B) probable maximum loss.
  C) frequency of loss.
  D) severity of loss.

Question 2

Which of the following is a source of information a risk manager could use to help identify pure loss exposures?
 
  A) commodity prices
  B) physical inspections
  C) currency exchange rates
  D) interest rate movements



nothere

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library