Direct vs indirect loss - Study guides, Class notes & Summaries

Elements of a legal contract - Answer-1. Agreement 2. Consideration 3. Competent Parties 4. Legal Purpose Fraud - Answer-Deliberately deceiving. Actual Cash Value (ACV) - Answer-Replacement cost minus Depreciation. Can be determined by age and quality. Adhesion - Answer-Drafted by insurer, accepted by applicant. Aleatory - Answer-Unequal payment or consideration. Appraisal - Answer-When insurer and insured to not agree on the amount of a loss. Automatic Reinsurance (Treaty Agreement) - A...

Declar Terrorism Risk Insurance Act (TRIA) - 'Act of terrorism' must be violent in nature, result in damage within US, committed by someone on behalf of foreign person or interest, and produce p&c loss of $100 mil/ 50 plus lives ations - Personalized a policy- includes name and address, type and location of property, coverage limit, annual premium, deductible, policy period, name of mortgagee, policy number, company officer name signature and stamp Agreement - The offer and acceptance C...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

Property/Casualty Illinois for State Exam All Answers Correct ISO (Insurance Services Office) ️ISO creates standardized property and casualty insurance policies that are approved by states and used as a standard policy for insurers. -they can be modified to comply with state regulations -may be modified to a degree for insurance companies to create their own policy form define insurance ️Insurance transfers the risk of loss from an individual or business entity to an insurance compa...

C12 - Insurance on Property – Midterm Exam Questions and Answers 100% Pass Defining Property Insurance - Correct Answer ️️ --Protection against loss/damage to property -First party insurance -Premium exchanged for protection -Fortuitous losses (sudden and accidental) -Insurable interest -Intangible product Real vs Personal Property - Correct Answer ️️ -R: buildings or land (can't be moved) P: office desk or machinery (can be transported) Promise that Property Insurance is b...

NURS 406 Pharmacology Nursing Exam Guide Latest Update 100%Verified Solutions. What are the major functions of the α1 receptor? - CORRECT ANSWER--Increase vascular smooth muscle contraction, increase pupillary dilator muscle contraction (mydriasis), increase intestinal and bladder sphincter muscle contraction What are the major functions of the α2 receptor? - CORRECT ANSWER--Decrease sympathetic outflow, decrease insulin release, decrease lipolysis, increase platelet aggregation, decreas...

drug for UC/Crohns sulfasalazine pulmonary effects of CF chronic bronchitis an dbronchiectasis osteoporosis affects what parts of bone? (spongy and ) trabecular bone mass loss imipramine TCA SE: Tri-Cs convulsions coma cardiotox antichol effects- confusion in elderly; (acute glaucoma and orthostatic hypotension- block alpha1) viscerosomatic visceral disease --> somatic finding loratidine vs ranitidine loratidine: 2nd gen H1 blocker, doesnt cro...

RAILWAY PROTECTION FORCE (RPF) CONSTABLE MOCK TEST 2024 QUESTIONS AND ANSWERS SOLVED 100% According to the definition in 14 CCR 895.1, define the two conditions required in the abandonment of a forest road. Ans- 1. Leaving a logging road reasonably impassable to standard production 4WD vehicles; 2. Leaving a logging road and landings in a condition which provides for long-term functioning of erosion controls with little or no continuing maintenance For THP planning, how would you de...

Comprehensive CRNA Interview Review Accurate responses are given. Comprehensive CRNA Interview Review Norepinephrine Mechanism of Action (MOA) A1, A2, B1 agonist. Primary agent used in distributive shock because it's ability to recruit venous volume and augment preload, while increasing arterial tone, and increasing cardiac output. Alpha one causing peripheral smooth muscle contraction. (low dose venous, high dose venous and arterial). Alpha 2 adrenoreceptor agonism actually ant...

Compare the type of damage inflicted by insects with chewing mouthparts vs. piercing-sucking mouthparts. - ANSWER-Damage from insects with chewing mouthparts typically appears on leaves or stems as ragged edges, holes, or other missing tissue. Damage to fruit, roots, defoliation and burrowing into wood. Insects that often cause chewing damage include caterpillars and Eastern lubber grasshoppers. Examples include Coleoptera, Neuroptera, Lepidoptera, Dermaptera, Collembola, Isoptera, Hymenoptera,...