Which of the Following Statements About Stock Insurers Is True

question 31

Multiple Choice

Which of the following statements about stock insurers is true?

• A)They issue assessable policies.
• B)They are not permitted to write property and liability insurance.
• C)Stockholders bear any losses and share in any profits.
• D)They are owned by their policyowners.

---

Definitions:

Dollar Diplomacy

A foreign policy strategy used by the United States in the early 20th century that aimed to use economic power and investment to influence and protect American interests abroad.

Territorial Empire

A form of empire that is built and maintained through the acquisition and management of territories beyond its original borders.

World Powers

Countries that have significant influence on global affairs due to their economic, military, and diplomatic strengths.

Military Strength

The total capacity and capability of a nation's armed forces, including personnel, weaponry, equipment, and strategic proficiency, to defend itself or engage in warfare.