One Guideline to Determine That a Risk Is Generally Insurable

question 83

Multiple Choice

One guideline to determine that a risk is generally insurable is:

• A)the loss is measurable.
• B)the loss is due to a price change.
• C)the loss is due to war.
• D)it is due to operational issues such as a strike.

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Definitions:

Alamo Mission

A historic Spanish mission and fortress compound in San Antonio, Texas, famous for the battle of the Alamo during the Texas Revolution.

Texas Independence

The process by which the region of Texas declared and achieved independence from Mexico in 1836, later becoming an independent republic before joining the United States.

Santa Anna

A Mexican politician and general who played a key role in Mexico's history in the early 19th century, including during the Texas Revolution and the Mexican-American War.

Battle Of San Jacinto

The decisive battle of the Texas Revolution fought in 1836, where Texas forces defeated Mexican troops, leading to Texas independence.