Which of the Following Types of Loss Exposures Are Best

question 12

Multiple Choice

Which of the following types of loss exposures are best handled by the use of avoidance?

• A)low-frequency,low-severity
• B)low-frequency,high-severity
• C)high-frequency,low-severity
• D)high-frequency,high-severity

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Definitions:

Manifest Destiny

A 19th-century doctrine or belief that the expansion of the United States throughout the American continents was both justified and inevitable.

North American

Pertaining to or relating to the continent of North America, which includes countries like Canada, the United States, and Mexico.

Daniel Webster

A leading American statesman and senator known for his advocacy for the Union and his key role in debates surrounding constitutional law and the Nullification Crisis.

National Government

The organization having central governmental authority in a nation, responsible for national policy and administration.