Scenario: Flood Area Suppose You Own a Home That Is

question 102

Multiple Choice

Scenario: Flood Area Suppose you own a home that is estimated to be worth $250,000.You live in a potential flood area; as a result, the probability that you will lose your home to a flood is 30%.
(Scenario: Flood Area) Look at the scenario Flood Area.Suppose an insurance company offers you flood insurance.Most likely this flood insurance would require a premium payment:

• A)greater than $250,000.
• B)greater than $75,000.
• C)less than $15,000.
• D)equal to $100,000.

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Definitions:

United States

A country located primarily between Canada and Mexico on the North American continent, consisting of 50 states and a federal district.

September 11

The date of a series of coordinated terrorist attacks by the Islamic extremist group al-Qaeda against the United States in 2001.

Sensory Registers

Memory systems that briefly hold incoming information from the senses, allowing it to be processed further. These registers include iconic (visual), echoic (auditory), and other modalities.

Echo

A sound or series of sounds caused by the reflection of sound waves from a surface back to the listener.