The Vexing Problem of Vanishing Premiums Has Proven to Be

question 22

Multiple Choice

The vexing problem of vanishing premiums has proven to be an expensive lesson for insurance companies on the doctrine of _____-a Latin phrase referring to the doctrine that the master is responsible for the actions taken by his or her servant during the course of duty.

• A)respondeat superior
• B)reformatio in peius
• C)res ipsa loquitur
• D)restitutio in integrum
• E)res judicata

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Definitions:

Extended Family

A family that consists of parents and children as well as other kin, such as uncles and aunts, nieces and nephews, cousins, and grandparents.

Family Of Orientation

The family into which a person is born and raised, as opposed to the family they create through marriage or partnership.

Primary Groups

Small, close-knit, and usually emotionally close groups that are among the first groups a person belongs to, such as family and close friends.

Charles Horton Cooley

An American sociologist known for his theory of the "Looking Glass Self," which explains how individuals develop their sense of self through interactions with others.