Which of the Following Statements About Insurance Is Not True

question 63

Multiple Choice

Which of the following statements about insurance is not true?

• A) It protects you from events that could reduce your wealth.
• B) Money used to buy insurance is not available for investing.
• C) You cannot have too much insurance.
• D) All of the above are true about insurance.

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Definitions:

Reproduce Asexually

A mode of reproduction involving a single parent that results in offspring genetically identical to the parent, without the fusion of gametes.

Spores

Spores are reproductive cells that are capable of developing into a new individual without sexual fusion, characteristic of various plants, algae, fungi, and some bacteria.

Budding

A form of asexual reproduction where a new individual grows from a certain point of the parent organism and eventually detaches itself to become independent.

Candida

A genus of yeasts, some species of which can cause infections in humans, especially in immunocompromised individuals.