Insurance Is a Residual Element in Any Tort Liability Risk

question 54

True/False

Insurance is a residual element in any tort liability risk management plan.

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Definitions:

Interrole Conflict

A conflict that arises when the demands of different roles that a person plays are in opposition.

Intrarole Conflict

A situation where an individual faces conflicting expectations and demands associated with a single role they occupy.

Attraction Structures

might refer to the underlying factors or elements that determine the attractiveness or appeal between individuals or within groups, though the term is not widely recognized.

Nonreciprocal

Pertains to a relationship or interaction where one party contributes or participates more than the other.