Chapter 4

Descripción

Future Adjusters Online Class - Chapter 4
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Resumen del Recurso

Pregunta 1

Pregunta
What are the two types of economies?
Respuesta
  • Money and Crafts
  • Modern and Early Modern
  • Money and Non Money
  • Money and Trades

Pregunta 2

Pregunta
What was one way early Merchants would limit their losses?
Respuesta
  • Limit Areas of Service
  • Redistribute their wares on several ships
  • Not ship goods
  • Get paid before delivery

Pregunta 3

Pregunta
Who established “The Fire Office”?
Respuesta
  • Thomas Jefferson
  • Ben Franklin
  • Tomas Lloyd
  • Nicholas Barbon

Pregunta 4

Pregunta
The inhabitants of Rhodes invented What?
Respuesta
  • Created the “General Average”
  • Insurance as we know it
  • The “General Sum”
  • The theory of Subrogation

Pregunta 5

Pregunta
The Franklin Health Assurance Company of Massachusetts was the first to offer what?
Respuesta
  • Wellness Programs
  • Final Expense insurance
  • Modern HMO’s
  • The first to offer Accident insurance in the USA
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