Which of the Following Statements Is (Are)true Concerning Investments of Property

question 42

Multiple Choice

Which of the following statements is (are) true concerning investments of property and casualty insurers and life insurers?
I.Property and casualty insurance companies place greater emphasis on liquidity than do life insurers.
II.Life insurance company investments are,on average,of longer duration than property and casualty insurance company investments.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Labeling Theory

A perspective in sociology and criminology that emphasizes the role of societal labels in the creation of deviance and the stigmatization of individuals.

Actual Causes

The direct, specific factors or conditions responsible for an outcome or event.

Deviance

Behaviors or actions that violate societal norms or expectations, eliciting a range of responses from disapproval to legal sanctions.

Phenomenological Theory

A philosophical approach focusing on individuals' subjective experiences and interpretations of the world.