"Cat" Bonds Are Primarily Designed to Help

question 97

Multiple Choice

"Cat" bonds are primarily designed to help:

• A)municipalities survive economic recessions.
• B)corporations respond to overseas competition.
• C)the federal government cope with huge deficits.
• D)corporations recover from involuntary reorganizations.
• E)insurance companies fund excessive claims.

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Definitions:

Assistive Technologies

Assistive Technologies are tools, devices, or software used to maintain or improve the functional capabilities of individuals with disabilities.

Workforce Diversity

The inclusion of a wide range of individuals in an organization, encompassing differences in race, gender, age, cultural background, etc., to enhance creativity and decision-making.

Disabilities

Disabilities are physical or mental conditions that limit a person's movements, senses, or activities.

Competitive Advantage

A unique attribute or position that allows an organization, country, or individual to outperform its competitors, leading to greater sales, margins, or customer loyalty.