Zusammenfassung der Ressource
Frage 1
Frage
The two catagories for risk are:
Antworten
-
general risk, speculative risk
-
speculative risk, specific risk
-
ideal risk, pure risk
-
pure risk, speculative risk
Frage 2
Frage
Insurance addresses the issue of speculative risk.
Frage 3
Frage
In life insurance the insurable interest condition must exist:
Frage 4
Frage
ABC Insurance Company is incorporated in the State of California. Therefore it would be correct to refer to this insurer as:
Antworten
-
reciprocal
-
interexchange
-
domestic
-
mutual
Frage 5
Frage
ABC Insurance Company raises capital from investors. These investors share in the profits and losses of the insurer. This company would therefore be:
Antworten
-
fraternal
-
assessment
-
mutual
-
stock