Test 4 rmin 4000 stuvia - Study guides, Class notes & Summaries

Legal wrong - ANSWER-a violation of a person's legal rights, or a failure to perform a legal duty owed to a certain person or to society as a whole types of legal wrong - ANSWER-crime, breach of contract, tort Tort - ANSWER-a legal wrong for which the court allows a remedy in the form of monetary damages Plaintiff - ANSWER-the person who is injured Tortfeasor - ANSWER-the alleged wrongdoer three categories of tort - ANSWER-intentional, strict liability, negligence Intentional ...

Test 4- RMIN 4000 Questions and Answers 100% CorrectTest 4- RMIN 4000 Questions and Answers 100% CorrectTest 4- RMIN 4000 Questions and Answers 100% CorrectTest 4- RMIN 4000 Questions and Answers 100% Correct Types of Employee Benefits - ANSWER--medical expenses - loss of income due to... a) death b) disability c) unemployment d) retirement medical expenses - ANSWER--health insurance - FSAs/HSAs- pre tax health savings accounts -worker's comp loss of income due to death - AN...

RMIN 4000 Test 4 Brown with Complete Solutions RMIN 4000 Test 4 Brown with Complete Solutions RMIN 4000 Test 4 Brown with Complete Solutions RMIN 4000 Test 4 Brown with Complete Solutions Legal wrong - ANSWER-a violation of a person's legal rights, or a failure to perform a legal duty owed to a certain person or to society as a whole types of legal wrong - ANSWER-crime, breach of contract, tort Tort - ANSWER-a legal wrong for which the court allows a remedy in the form of moneta...

Legal wrong - ANSWER-a violation of a person's legal rights, or a failure to perform a legal duty owed to a certain person or to society as a whole types of legal wrong - ANSWER-crime, breach of contract, tort Tort - ANSWER-a legal wrong for which the court allows a remedy in the form of monetary damages Plaintiff - ANSWER-the person who is injured Tortfeasor - ANSWER-the alleged wrongdoer three categories of tort - ANSWER-intentional, strict liability, negligence Intentional ...

RMIN 4000 uga test 1 Study Guide Solutions types of risk - ANSWER--pure risk -speculative risk -diversifiable risk -nondiversifiable risk -enterprise risk -systemic risk risk - ANSWER-uncertainty concerning the occurrence of a loss uncertainty - ANSWER-probabilities cannot be estimated loss exposure - ANSWER-any situation or circumstance in which a loss is possible, regardless of whether a loss actually occurs example: earthquake or flood causing damage to a manufacturing plant obje...

Types of Employee Benefits - ANSWER--medical expenses - loss of income due to... a) death b) disability c) unemployment d) retirement medical expenses - ANSWER--health insurance - FSAs/HSAs- pre tax health savings accounts -worker's comp loss of income due to death - ANSWER-(not generating any more income) -life insurance (UGA pays for $25K) -survivor benefits under retirement plans options: a) can inherit 401(k) assets b) continue pension payments to surviving spouse ...

Types of Employee Benefits - ANSWER--medical expenses - loss of income due to... a) death b) disability c) unemployment d) retirement medical expenses - ANSWER--health insurance - FSAs/HSAs- pre tax health savings accounts -worker's comp loss of income due to death - ANSWER-(not generating any more income) -life insurance (UGA pays for $25K) -survivor benefits under retirement plans options: a) can inherit 401(k) assets b) continue pension payments to surviving spouse ...

RMIN 4000 Test 1(Chapters 1-4) with Complete SolutionsRMIN 4000 Test 1(Chapters 1-4) with Complete SolutionsRMIN 4000 Test 1(Chapters 1-4) with Complete SolutionsRMIN 4000 Test 1(Chapters 1-4) with Complete Solutions Traditional definition of risk - ANSWER-uncertainty Definition of risk - ANSWER-uncertainty about chance, timing, or amount of loss Chance of loss - ANSWER-the probability that an event will occur Objective risk - ANSWER-the relative variation of actual loss from expected ...

UGA RMIN 4000 Test 4 Questions and Answers (Graded A)UGA RMIN 4000 Test 4 Questions and Answers (Graded A)UGA RMIN 4000 Test 4 Questions and Answers (Graded A) 5 types of employee benefits - ANSWER-1. Medical expenses 2. Loss of income due to disability 3. Loss of income due to death 4. Loss of income due to retirement 5. Loss of income due to unemployment Medical expenses - ANSWER--health insurance -FSAS/HSAS (pre-tax health savings account) -workers comp. Loss of income due to dis...

5 types of employee benefits - ANSWER-1. Medical expenses 2. Loss of income due to disability 3. Loss of income due to death 4. Loss of income due to retirement 5. Loss of income due to unemployment Medical expenses - ANSWER--health insurance -FSAS/HSAS (pre-tax health savings account) -workers comp. Loss of income due to disability - ANSWER--occupational disability: workers comp/lost wages -non-occupational disability: --sick leave/paid time off (PTO)- 1-2 weeks --short term disab...