Recent questions tagged finance

1 answer

Underwriting might best be defined as

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

A Mutual Insurance company is

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

Adverse selection represents a case where

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

Risk avoidance is the best risk management tool when the chance of loss is _____ and the loss severity is _____.

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

Which of the following is a suitable definition of "Insurance"?

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

Which of the following is NOT an example of a pure risk?

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

According to the law of large numbers, which of the following is true as the number of exposures increases?

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

All of the following are direct losses EXCEPT

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

Leaving gas can next to a furnace, likely to produce a fire or explosion, is an example of a

asked Oct 27, 2021 in Finance by voice (257k points)

1 answer

There are several techniques available for managing risk. For each of the following risks, identify an appropriate

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

The major of difference between a pure risk and a speculative risk is that the former does not involve the possibility

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Peril is a synonym for hazard

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Loss prevention and reduction efforts are directed toward reducing both frequency and severity

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

The concept of "Expected value" relates the magnitude of a risk to the frequency of loss and severity of loss that

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

From the prospective of society, the most attractive approach to dealing with risks is risk avoidance

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

The term "Pure risk" refers to those situations in which loss is certain, such for example depreciation

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

The term "Pure risk" describes a situation in which there is no chance of gain, but the possibility of loss or no loss

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Although virtually all speculative risks can be avoided, it is impossible to avoid all pure risks

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Speculative risks are usually accepted voluntary because of their two-dimensional nature

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Fundamental risks are usually considered to be an individual’s own responsibility and are most appropriately dealt with

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

A hazard is anything that is likely to cause a loss, such as a fire, a wind storm or an earthquake

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Using your seatbelt at all times while driving is an example of

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Maradona (a famous football star) has insurance on his house and belongings inside the house. As a result, he never

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Mandatory driver education training by trucking firm is an example of

asked Oct 23, 2021 in Finance by voice (257k points)

1 answer

Fisal and Tamer started a dry cleaning business. The business may be successful or it may fail. The type of risk that is

asked Oct 23, 2021 in Finance by voice (257k points)

Page:

« prev
1
2
3
4
5
6
7
...
15
next »

...