Which of the Following Is Generally Covered Under Casualty Insurance

question 1

Multiple Choice

Which of the following is generally covered under casualty insurance?

• A) Employee theft or embezzlement.
• B) Disability.
• C) Transportation insurance.
• D) Vandalism.

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Definitions:

High Inflation

A period characterized by a rapid increase in prices, eroding purchasing power.

Moderate Inflation

A situation where the general price level of goods and services rises at a modest rate over time.

Money Demand

The desired holding of financial assets in the form of cash or bank deposits, often influenced by interest rates and economic conditions.

Liquid Form

Refers to the physical state of a substance that is flowing and has no fixed shape but a definite volume.