Question and answer
22) Which of the following is a function of insurance? A. Serves as an externality of loss B. Serves as protection against loss C. Acts as a subsidiary of loss D. Acts as an intermediary against loss
Serves as protection against loss is a function of insurance.
cdfan76|Points 1064|
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Asked 3/24/2013 6:55:39 PM
Updated 7/2/2014 7:53:08 AM
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This answer has been confirmed as correct and helpful.
Edited by andrewpallarca [7/2/2014 7:53:07 AM], Confirmed by andrewpallarca [7/2/2014 7:53:08 AM]
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21) Which of the following is an advantage of consumer credit? A. It serves as a source of emergency cash. B. It allows you to buy now, pay now. C. It has no impact on financial statements. D. It carries no risk of overspending.
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Updated 11/26/2016 2:27:30 PM
1 Answer/Comment
It serves as a source of emergency cash is an advantage of consumer credit.
Added 11/26/2016 2:27:30 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [11/27/2016 9:43:01 AM]
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34 How might credit problems be avoided? A. Open bank accounts with overdraft protection. B. Use savings to pay monthly bills. C. Make minimum payments on credit cards. D. Ensure monthly cash flow is on target for expenditures
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