All of the Following Are True Concerning Marine Insurance except

question 28

Multiple Choice

All of the following are true concerning marine insurance except:

• A) bottomry was an early form of insurance that covered the outstanding balance on a loan for a ship
• B) respondentia was an early form of insurance that covered outstanding loans on cargo
• C) the earliest ocean marine contracts only covered losses caused by pirates and ship owner's fraud
• D) originally coverage did not specify (list) the individual perils causing loss

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Definitions:

Learned Behaviors

Behaviors that are acquired or modified through experience or adaptation in the environment.

Behavior Change

The process of altering or modifying actions, habits, or thoughts to improve health or reach personal goals.

Modeling

Behaviors learned by observing and imitating others.

Stimulus Control

Involves modifying the environment to reduce cues that trigger undesirable behaviors and enhance cues that lead to desired behaviors.