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Uncertainty based on a person's mental condition or state of mind is known as (Points : 1)
Uncertainty based on a person's mental condition or state of mind is known as SUBJECTIVE RISK.
Question|Asked by jerry32187
Asked 2/27/2014 9:38:18 PM
Updated 2/27/2014 10:30:27 PM
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Uncertainty based on a person's mental condition or state of mind is known as SUBJECTIVE RISK.
Added 2/27/2014 10:30:27 PM
This answer has been confirmed as correct and helpful.
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Questions asked by jerry32187
Preloss objectives of risk management include which of the following? I. Preparing for potential losses in the most economical way. II. Reduction of anxiety. (Points : 1)
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Updated 2/27/2014 11:37:16 PM
1 Answer/Comment
Preloss objectives of risk management include II. Reduction of anxiety.
Added 2/27/2014 11:37:16 PM
This answer has been confirmed as correct and helpful.
An automobile that is a total loss as a result of a collision is an example of which of the following types of risk? I. Speculative risk II. Diversifiable risk (Points : 1)
Question|Asked by jerry32187
Not Answered
Updated 2/27/2014 10:28:56 PM
1 Answer/Comment
An automobile that is a total loss as a result of a collision is an example of II. Diversifiable risk.
Added 2/27/2014 10:28:56 PM
This answer has been confirmed as correct and helpful.
Ben is concerned that if he injures someone or damages someone's property he could be held legally responsible and required to pay damages. This type of risk is called a: (Points : 1)
Question|Asked by jerry32187
Not Answered
Updated 2/27/2014 10:29:27 PM
1 Answer/Comment
Ben is concerned that if he injures someone or damages someone's property he could be held legally responsible and required to pay damages. This type of risk is called a: liability risk.
Added 2/27/2014 10:29:27 PM
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In addition to marketing life insurance, life insurers typically sell which of the following products? I. Retirement annuities II. Disability income insurance (Points : 1)
Question|Asked by jerry32187
Not Answered
Updated 2/27/2014 10:31:38 PM
1 Answer/Comment
In addition to marketing life insurance, life insurers typically sell I. Retirement annuities and II. Disability income insurance.
Added 2/27/2014 10:31:38 PM
This answer has been confirmed as correct and helpful.
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