From the Viewpoint of an Insurer, the Prerequisites of an Ideally

question 43

Multiple Choice

From the viewpoint of an insurer, the prerequisites of an ideally insurable risk include all the following except:

• A) the loss must be capable of being determined and measured
• B) there must be a large, homogeneous group of exposure units
• C) the loss should not be subject to catastrophic hazard
• D) the peril should be such that the probability of loss is high

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Definitions:

American Sociological Association

A non-profit organization dedicated to advancing the discipline and profession of sociology, providing a network for sociologists to communicate and publish their research.

Breaching Experiments

Sociological experiments that involve the intentional disruption of social norms to study the reactions of individuals and the restoration of social order.

Ethnomethodological Conversational Analysis

A research method in sociology focusing on how people make sense of their everyday social interactions through conversation.

Film

A medium for recording moving images and sound, used for entertainment, storytelling, and information dissemination.