An Insurable Interest Is Created When the Insurer Has Ownership

question 50

True/False

An insurable interest is created when the insurer has ownership of the item being insured.

Understand the differences and applications of various research methods such as surveys, naturalistic observation, case studies, correlational studies, and experimental research.

Identify and interpret the effects of variables and potential biases in research studies.

Understand the concept of variability in data sets and how it is measured.

Evaluate the impact of outliers on mean, median, and standard deviation.

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Definitions:

United States V. Wong Kim Ark

A landmark 1898 US Supreme Court case that established the principle of jus soli (right of the soil), granting birthright citizenship to children born in the US to foreign parents.

American Federation of Labor

An early national federation of labor unions in the United States, founded in 1886, that focused on skilled workers.