Pure economic loss Study guides, Revision notes & Summaries
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PVL3703 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 (576663) - DUE 23 April 2024
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PVL3703 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 (576663) - DUE 23 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9....... Question 1 One of the attractions at Wonderland Zoo is a train ride that takes customers to and from different locations at the zoo. Sipho, the technician in charge of inspecting and maintaining the train, overlooks some signs that the train is no longer in sound condition. Avril goes for a ride on th...
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ACA Final Exam Questions and Answers 2023
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ACA Final Exam Questions and Answers 2023 
At the end of this course, you must do which of the following? 
 
Pass the final course exam with a scored of 70% or higher 
 
Print your certificate from this website 
 
Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at 
 
All of the above 
All of the above 
 
 
 
Which of the following is NOT one of the duties of the Department of Financial Services? 
 
License adjusters 
Set rates and write policies ...
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Florida 2-15 Insurance Questions And Answers
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In the insurance business, risk can best be defined as: 
 
A. sharing the possibility of a loss 
B. uncertainty regarding the future 
C. uncertainty regarding financial loss 
D. uncertainty regarding when death will occur - Answer- C. The concept of insurance developed from the need to minimize the adverse effects of risk associated with the probability of financial loss. 
 
Which of the following risks is insurable? 
 
A. pure risks 
B. gambling 
C. speculative risks 
D. investing - Answer- A....
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SPEA-V 185 Exam 2 Questions With 100% Correct Answers.
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rational decision making - Traditional economic theory that people are rational actors 
rational choice/public choice - people act based on their self interest 
what does it mean to be a rational actor? - You are able to rank, order your preferences based on 
the expected utility of each option. 
These rank ordered preferences are stable and transitive. 
Having perfect information about all alternative possibilities. 
Maximize your utility 
pure rationality - requires person to have complete inf...
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Risk management Exam 1 driver (updated - 2024) || Complete Solutions (100% Correct)
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Risk management Exam 1 driver (updated - 2024) || Complete Solutions (100% Correct) 
Risk management Exam 1 driver (updated - 2024) || Complete Solutions (100% Correct) 
 
types of risk - ANSWER - Pure risk 
Speculative risk 
Subjective risk 
 
pure risk - ANSWER - Simply no loss or loss 
*insurance companies only deal with 
 
spectulative risk - ANSWER - loss or no loss or potential gain 
 
subjective risk - ANSWER - our attitudes towards risk (risk tolerance) 
*more difficult than pure and spe...
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Tort Law Notes (DISTINCTION) for University of Law Post Graduate Diploma in Law (PGdL) course
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Distinction level Tort Law notes (received an average of 84 using these notes) 
 
Crafted by a recent graduate who received a distinction in the very same course, these notes are tailored to your PGDL program, ensuring they cover the crucial Tort Law concepts you need to master. 
 
Aligned with the PGDL program at the University of Law, these distinction level notes perfectly complement the course. 
 
These notes are structured to align perfectly with the 'problem question' format in the...
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Test Bank For Drugs Society And Human Behavior 17th Edition By Carl L.
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Drugs, Society, & Behavior, 17e (Hart) Chapter 3 Drug Policy 
1) In the early 1800s, ________ was the medical doctor's most reliable and effective medicine that was used for a variety of conditions, but mainly for pain relief. 
A) alcohol 
B) marijuana 
C) barbiturate D) opium 
Answer: D 
Page Ref: 49 
Bloom's: Remember 
Accessibility: Keyboard Navigation 
2) One concern that led to the initial passage of federal drug-control legislation in 1906 was: A) amphetamine abuse. 
B) marijuana smoking...
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WebCE Exam Questions with correct Answers
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Indirect Loss - Answer- A secondary loss that follows from a direct loss to insured property from a covered peril. 
Ex. Hotel expenses incurred by the insured while a fire-damaged home is repaired is an indirect loss that follows the direct loss of the home. 
 
Exclusive Agency System - Answer- An insurance distribution system in which producers (agents) represent a single company. 
Ex. In the exclusive agency system, insurers use independent contractors (exclusive agents) that represent only on...
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ADJUSTER PRO - INSURANCE ADJUSTER TEST(QUESTIONS AND REVIEWED ANSWERS) 2023-2024
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ADJUSTER PRO - INSURANCE 
ADJUSTER TEST(QUESTIONS AND 
REVIEWED ANSWERS) 2023-2024 
What is insurance? - CORRECT ANSWER-protection against financial loss 
what is a premium - CORRECT ANSWER-a scheduled amount to be paid for an 
insurance policy. 
What are premiums used for - CORRECT ANSWER-premiums are collected into a 
"pool" or "reserve to pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? - 
CORRECT ANSWER-the insurer collect...
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CISR - Elements of Risk Management Exam 132 Questions with Answers,100% CORRECT
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CISR - Elements of Risk Management Exam 132 Questions with Answers 
 
 
A ____ is a cause of loss - CORRECT ANSWER peril 
 
A situation, behavior, or condition that may lead to adverse financial consequences - CORRECT ANSWER exposure 
 
A cyberattack is an example of a ____ - CORRECT ANSWER peril 
 
An Insured who shows no regard for his insured property demonstrates a - CORRECT ANSWER morale hazard 
 
A spill on a supermarket aisle is an example of a ____ because it increases the likelihood...