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Information Assurance : The confidence that systems will protect the info they carry and will function as and when they need to under legit, authorised users information security management system (ISMS) : Preservers the CIA of info by applying a risk management process. ISMS must be part of and integr. with the org's processes/management structure and that InfoSec is considered in the design of processes, IS's and controls CIA : Confidentiality, integrity, and availability. Confid...

Which of the following most directly contributed to the developments Eisenhower warned "we must guard against"? : The growth of the nuclear arsenal In an influential 1947 article, diplomat George F. Kennan advocated that the United States should : focus its foreign policy on containing the spread of Soviet communism Which of the following civil rights groups is NOT correctly matched with one of its leading figures? : Southern Christian Leadership Conference . . Marcus Garvey "The ...

1. Identify the two distinct legal systems used in Canada. : Quebec Civil Code and Common Law 2. Why is common law also called "judge-made law"? : Common Law is based on precedent, on decisions made by judges in previous similar cases. 3. What is the Civil Code of Quebec? : General law that contains all of the basic provisions that govern life in society, namely relationships among citizens and the relationships between people and property. 4. Give an example of a law that has been...

What is insurance? : A contract between two parties whereby one party (the insurer) agrees to reimburse the 2nd party (the insured), upon a monetary consideration, on a defined subject, for losses or liabilities on losses, occurred due to specified perils Differentiate between speculative & pure risk : Speculative risk implies either a chance of financial loss or a chance of gain, whereas in pure risk, there is only the possibility of loss or no loss, but no financial gain at all Wha...

Minimal Risk : The probability of harm or discomfort...not greater...than those ordinarily encountered in daily life or during the performance of routine physical or psychological examinations. The Belmont Principles : Respect for persons, beneficence, and justice IRB : An administrative body composed of scientists and nonscientists established to protect the rights and welfare of human research subjects recruited to participate in research activities conducted under the auspices of...

List the 2 fundamental principles of insurance? : - premiums of the many used to pay losses of few - premium shall be commensurate with the risk Why would an insurer spread risks over divers geographical areas? : - soften the burden of localized disasters on insurers What is a risk pool? : - syndicates of insurance or reinsurance companies that have organized to underwrite a particular risk or group of similar risks - to share and spread risk between insurers and reinsurers Explain the...

Definition #1 : An underwriter is an insurance professional employed to accept or reject risk on behalf of an insurer Definition #2 : An underwriter is an investor of shareholder capital Definition #3 : An underwriter is an insurance professional employed to implement an insurer's strategic plan Complete Definition : An underwriter is an insurance professional who invests the capital of an insurer's shareholders by accepting or rejecting risk to implement an insurer's strategic ...

What is the purpose of an exclusion? : To remove certain losses from the policy's coverage. Exclusions list types of property that are not insured, and perils that are never or sometimes not insured against. Restrict coverage, remove exposures to loss considered undesirable or uninsurab;e What two types of exposure are typically listed in exclusions? : Exposures to trade risk or maintenance cost or exposures that are inevitable (that is non-fortuitous). And exposures that reflect unde...

What is insurance? : A contract between two parties whereby one party (the insurer) agrees to reimburse the 2nd party (the insured), upon a monetary consideration, on a defined subject, for losses or liabilities on losses, occurred due to specified perils Differentiate between speculative & pure risk : Speculative risk implies either a chance of financial loss or a chance of gain, whereas in pure risk, there is only the possibility of loss or no loss, but no financial gain at all Wha...

1. What are the major classes of automobile risks? : Private passenger, commercial vehicles, public automobiles, recreational vehicles, garage risks, non-owned automobiles. 2. Name the four aspects of each risk that must be considered in rating. How does each one affect the rate? : Territory where the automobile is used, class of automobile and its uses, drivers, the automobile itself. 3. What makes an insurance rate different from the price of another commodity? : When setting a reta...