Match the Term with Its Definition

question 126

Multiple Choice

Match the term with its definition.
-Keeping a loss from happening

• A)actual cash value (ACV)
• B)commercial general liability (CGL) insurance
• C)direct loss
• D)disability buyout insurance
• E)disability insurance
• F)indirect loss
• G)loss avoidance
• H)loss prevention
• I)loss reduction
• J)replacement value of property

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Definitions:

Passionate

Having, showing, or characterized by intense, strong feelings or enthusiasm towards an activity, person, or concept.

Fatuous

Lacking intelligence or sense; foolishly insipid.

Exchange Relationships

Relationships based on reciprocal exchange of benefits or services, guided by the principle of quid pro quo.

Societal Progress

The development and improvement of society through advancements in education, technology, science, and social norms leading to a better quality of life.