Robin Plans to Open a Bar in a High-Crime Area

question 33

Multiple Choice

Robin plans to open a bar in a high-crime area.She had difficulty obtaining insurance for the business.She found an insurer willing to write the coverage,but only if Robin agreed to have a security alarm system in operation at all times when the business is closed.Robin's promise to have a security alarm system operational as a condition of having the insurance coverage in force is a

• A)binder.
• B)warranty.
• C)waiver.
• D)deductible.

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Definitions:

Extraversion

A personality trait characterized by sociability, talkativeness, assertiveness, and a high level of activity and enthusiasm.

Factor Analysis

A statistical technique that explains the variation among observed, correlated variables by a smaller number of unseen variables known as factors.

Biological Children

Offspring to whom one has contributed genetic material through reproduction.

Adopted Children

Individuals who are legally taken and raised by parents other than their biological parents, often resulting in unique developmental, social, and familial dynamics.