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 412 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
Gracias!

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

These species are all at risk of extinction. These species are all at risk of extinction.
Transfer RNA (tRNA) Structure Transfer RNA (tRNA) Structure
Summary of Hale’s Lactation Risk Categories Summary of Hale’s Lactation Risk Categories
Describe the development of atherosclerosis, including its role in the risk of heart disease Describe the development of atherosclerosis, including its role in the risk of heart disease
The processing of ribosomal and transfer RNA The processing of ribosomal and transfer RNA
Video: Regulation of GFR: three methods, autoregulation & autoregulation via myogenic mechanism

For a complete list of videos, visit our video library