Match the Term with Its Definition

question 27

Multiple Choice

Match the term with its definition.
-A provision in a property insurance policy that requires the owner to have insurance for at least 80 percent of what it would cost to rebuild the building or replace the personal property

• A)automobile insurance
• B)coinsurance clause
• C)crime insurance
• D)design defect
• E)manufacturing defect
• F)marketing defect
• G)noneconomic damages
• H)personal property
• I)punitive damages

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Definitions:

Downward Comparison

The act of comparing oneself to others who are worse off in order to feel better about one's own situation.

Upward Comparison

Comparing oneself to others who are better off or more successful, which can influence self-esteem and motivation.

Temporal Comparison

The process of comparing one's past self to their current self to assess changes over time.

Collectivist Culture

is a societal approach that emphasizes the priority of group goals over individual goals and the importance of cohesion within social groups.