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Recent questions tagged loss
1
answer
Some of the factors used to approximate the value of loss for crashes are:
asked
Oct 8, 2022
in
Education
by
voice
(
257k
points)
education
education-quiz
traffic-school-test
defensive-driving
loss
crash
product
cost-estimate
damage
1
answer
The principle of indemnity in insurance means
asked
Oct 27, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
risk-management
indemnity
insurance-claims-process
loss
perils
employees
1
answer
Insurance or risk transfer in best used in risk management when the frequency of loss is _______ and the severity of
asked
Oct 27, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
risk-management
risk-transfer
loss-severity
loss
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
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257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
expected-value
loss
frequency
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)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
pure-risk
loss
depreciation
risk-uncertainty
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)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
pure-risk
loss
gain
1
answer
Al Raghy Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
loss
control
risk
retention
1
answer
Which of the following statements about Speculative risks is true?
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
speculative-risk
insurable-interest
private-insurer
loss
1
answer
A Pure risk is defined as a situation in which there is
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
pure-risk
loss
profit
1
answer
Indifference to loss because of the existence of insurance of insurance is an example of a
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
indifference
loss
objective-risk
moral-hazard
1
answer
A peril is _____________.
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
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finance
finance-quiz
finance-question
insurance
insurance-quiz
perils
moral-hazard
loss
1
answer
An individual's personal estimate of the chance of loss is
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
personal-insurance
loss
objective-risk
subjective-risk
1
answer
An insurance company estimates its objective risk for 10,000 exposures at 10 percent. Assuming the probability of loss
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-company
objective-risk
loss
increase-speed
1
answer
Objective risk is defined as
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
objective-risk
loss
uncertainty
mind-state
1
answer
Insurance authors have traditionally defined risk as
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
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finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-author
risk
loss
uncertainty
1
answer
Compensation received for loss of trading asset is a ________.
asked
Oct 16, 2021
in
Jobs & Employment
by
voice
(
257k
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jobs-n-employment
office
office-quiz
office-management
compensation
loss
trading
capital-account
1
answer
________ is a social device for eliminating or reducing the loss of society from certain risk.
asked
Sep 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
loss
premium-insurance
insurance-policy
contract-in-insurance
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