Risk acceptance Study guides, Class notes & Summaries

Indemnity - ANSWER-a payment for damages or loss Risk - ANSWER-Uncertainty or chance of loss occurring Pure Risk - ANSWER-Presents the chance of loss with no opportunity for gain Speculative Risk - ANSWER-Presents the chance of loss with an opportunity to gain (Like Gambling) Exposure - ANSWER-a unit of measurement used to determine rates charged for insurance coverages. Hazards - ANSWER-Conditions or situations that increase the probability of an insured loss occurring. Peril ...

most effective infection control handwashing cleaning solution ratio 1:10 bleach to water lifting techniques know physical limitations keep weight in close lift with legs and back from squat position don't reach or pull power grip #1 cause of EMT Injury improper lifting First/Primary Concern Personal Safety Scope of Practice the procedures, actions, and processes permitted to undertake within the terms of their professional license CISM best c...

Chapter 03 Financial Services: Finance Companies     
True / False Questions
  1. Finance companies differ from banks in that they do not accept deposits. 
TRUE   2. Finance companies have been among the slowest growing FI groups in recent years. 
FALSE   3. General Electric Capital Corporation (GECC) provides services to more than 15 million businesses and consumer is Asia alone. 
TRUE   4. In 2008, GE Capital Corporation accounted for approximately 50 percent...

Test Bank for Systems Analysis and Design, 8th Edition 8e by Alan Dennis, Barbara Wixom, Roberta M. Roth. Full Chapters test bank are included - Chapter 1 to 13 1 The Systems Analyst and Information Systems Development, 3 Introduction, 4 The Systems Analyst, 6 Systems Analyst Skills, 6 Systems Analyst Roles, 7 The Systems Development Life Cycle, 8 Planning, 10 Analysis, 11 Design, 12 Implementation, 12 Project Identification and Initiation, 13 System Reques...

Georgia Adjuster Exam Questions and Answers Already Passed An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Consequential also known as Indirect Loss The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bo...

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2025 An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are re...

Abandonment - - Insurance company may choose to take damaged property and pay insured the value - Insured CANNOT surrender damaged property to insurance company Active Retention - Identify the loss/risk exposure and really consider the risk itself and all the measures around it. (ex. Should we transfer it, retain it etc.) Admitted (standard or retail) Insurance companies - Regulated by the state, They often must subscribe to rating and form regulations of that state. Agent or Broker - "I...

At 3 months old, an infant should be receiving A. Breastmilk or infant formula B. Baby cereal for needed nutrients not in adequate amounts in breastmilk or formula C. Baby fruit juice to help infants become acquainted with new flavors and textures to promote food acceptance D. Only A and B CORRECT ANSWER A. Breastmilk or infant formula The correct statement about breastfeeding is A. Breastfed infants do not need supplemental iron or vitamin D while those who are given infant formula do n...

What is insurance? correct answer: Insurance transfers the risk of loss from an individual or business entity to an insurance company, which in turn spreads the costs of unexpected losses to many individuals. What is risk? correct answer: Risk is the uncertainty or chance of a loss occurring. What is peril? correct answer: Perils are the causes of loss insured against in an insurance policy. What are the elements of insurable risk? correct answer: Loss must be 1. due to chance 2....

HESI Computerized Adaptive Testing(CAT) Test Bank 2024 1-A nurse is counseling the spouse of a client who has a history of alcohol abuse. What doesthe nurse explain is the main reason for drinking alcohol in people with a long history of alcohol abuse? 1 -They are dependent on it. 2 -They lack the motivation to stop. 3 -They use it for coping. They enjoy the associated socialization. Ans- 1 Alcohol causes both physical and psychological dependence; the individual needs the alcohol to fun...