« previous next »

Author Question: Characteristics of a fortuitous loss include which of the following? I. The loss is certain to ... (Read 75 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jul 11, 2018
Characteristics of a fortuitous loss include which of the following? I. The loss is certain to occur. II. The loss occurs as a result of chance.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

From the standpoint of the insurer, which of the following is a characteristic of an ideally insurable risk?
 
  A) The loss must be intentional.
  B) There must be a small number of unique loss exposures.
  C) The chance of loss must be calculable.
  D) The loss must be indeterminable.


Beatricemm

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Mass Loss from a Supermassive Star Mass Loss from a Supermassive Star
Major features of Homo erectus include increased brain size, an angular vault, and cranial superstru Major features of Homo erectus include increased brain size, an angular vault, and cranial superstru
The tools necessary to adjust the valves on an engine with adjustable rocker arms include basic hand ... The tools necessary to adjust the valves on an engine with adjustable rocker arms include basic hand ...
Conservation biology arose in response to biodiversity loss Conservation biology arose in response to biodiversity loss
Animated! Organisms are classified into groups according to their characteristics Animated! Organisms are classified into groups according to their characteristics
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library