Which of the Following Statements About Adjustment Bureaus Is (Are)true

question 30

Multiple Choice

Which of the following statements about adjustment bureaus is (are) true?
I.They are frequently used to settle claims when a large number of losses occur in a given geographic location as a result of a catastrophic event.
II.Their major advantage is low cost because of the use of part-time adjustors.

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

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Definitions:

Equilibrium

A state of balance between opposing forces or actions, often used in contexts ranging from physics to economics.

Hearing

The sense through which sound is perceived, involving the detection of vibrations through the ear.

Taste

One of the five senses, it is the perception of flavor perceived in the mouth and throat on contact with a substance.

Olfaction

The sense of smell, an important sensory system allowing for the detection and identification of odors in the environment.