Doug's BOP on His Fishing Guide Business Excludes Property Losses

question 1

Multiple Choice

Doug's BOP on his fishing guide business excludes property losses due to the wakes of other fishing boats. This is an example of the ____ approach to property insurance.

• A) foreseen risk
• B) reasonable-person standard
• C) named-peril
• D) insurance-to-value

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Definitions:

Group Effectiveness Approach

A method of evaluating leadership success by assessing the performance, cohesion, and satisfaction levels of the group or team being led.

Hackman and Walton

Researchers known for their contributions to organizational psychology, particularly concerning team effectiveness and leadership.

Principled Leadership

A leadership style that operates on ethical standards and strong principles, often leading by example and fostering trust and respect.

Affective

Relating to moods, feelings, and attitudes; emotional rather than cognitive.