Which of the Following Statements Is True About Stock Insurers

question 5

Multiple Choice

Which of the following statements is true about stock insurers?

• A)They are owned and controlled by their policyowners.
• B)They have no stockholders and issue no capital stock.
• C)People become owners by purchasing an insurance policy from the mutual insurer.
• D)They are organized in the same way as other privately owned corporations.
• E)Profits are shared with owners as policyowners' dividends.

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Definitions:

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The underlying principles or reasons for traits, behaviors, or phenomena as explained by the process of natural selection and evolutionary history.

Predators

Organisms that hunt and eat other organisms for food.

Energy Conservation

Practices and strategies aimed at reducing the consumption of energy to preserve resources and reduce environmental impact.

REM Sleep

A stage of sleep characterized by rapid eye movements, more dreaming and bodily movement, and faster pulse and breathing.