Which of the Following Statements Regarding Insurance and Gambling Is

question 31

Multiple Choice

Which of the following statements regarding insurance and gambling is (are) true?
I.Insurance is used to handle existing pure risks,while gambling creates a new speculative risk.
II.Insurance usually involves risk avoidance,while gambling typically involves only risk reduction.

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

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Definitions:

Sexual Harassment

Unwanted sexually oriented behavior in the workplace that results in discomfort or interference with the job.

Diversity

The practice or quality of including or involving people from a range of different social and ethnic backgrounds and of different genders, sexual orientations, etc.

Teamwork

Work done with an understanding and commitment to group goals on the part of all team members.

Incompatible Demands

Situations where two or more tasks require attention simultaneously but cannot both be satisfied due to their conflicting nature.