Disadvantages of Automobile Insurance Plans Include Which of the Following

question 42

Multiple Choice

Disadvantages of automobile insurance plans include which of the following?
I.High premiums may cause many high-risk drivers to go uninsured.
II.Large underwriting profits have resulted in high-risk drivers subsidizing the cost of insurance for good drivers in the voluntary markets.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Executive Suite

A collection of offices and meeting rooms in a corporation where the top executives work, often symbolizing the higher management layer.

Organizational Politics

The use of power, social networking, and negotiation by individuals or groups within an organization to gain advantage or achieve specific goals, often impacting decision-making and resource allocation.

Situational Variables

Factors that change according to the context or environment, affecting outcomes or behaviors.

Leader Behavior

Leader Behavior encompasses the actions, decisions, and communication methods adopted by someone in a leadership position to influence and guide a team or organization.