The Combination of Two Elements of Insurance Physically Reduces the Risk

question 32

Multiple Choice

The combination of two elements of insurance physically reduces the risk, both in number and in the anxiety it causes.Identify these elements.

• A)Risk pooling and risk mapping
• B)Risk mapping and risk transfer
• C)Risk acceptance and risk mapping
• D)Risk pooling and risk transfer
• E)Risk severity and risk transfer

---

Definitions:

Pragmatics

The appropriate use of language in different contexts.

Syntax

The arrangement of words and phrases to create well-formed sentences in a language.

Infinite Generativity

The capacity of language to produce an endless number of meaningful sentences using a finite set of rules and vocabulary.

Pragmatics

The study of how context influences the interpretation of language, including the intentions and social implications behind words.