An Insured Has Noted on Its Insurance Application That Its

question 21

Multiple Choice

An insured has noted on its insurance application that its restaurant has a wood fireplace,but it has omitted to comment that occasionally escaping of sparks can cause a fire risk.In this instance,why would the insured be considered as having complied with its duty to disclose?

• A) Insured has to be in a position to fully assess the risk.
• B) Insurer has been candid and forthcoming.
• C) Insurer is expected to be worldly wise.
• D) Insured has to show personal judgement.

Comprehend the distinct symptoms and impacts of schizophrenia, including positive and negative symptoms.

Grasp historical and current models used to explain the origins of psychological disorders.

Understand the characteristics and triggers of panic attacks and their differentiation from other disorders.

Recognize and differentiate among various anxiety disorders and their manifestations.

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Definitions:

Anchoring

A cognitive bias that describes the tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions.

Person Schemas

Cognitive structures that represent one's knowledge and expectations about others, influencing how we process information about them.

Fiske and Taylor

Researchers known for their work in social cognition, exploring how people think about themselves and others in a social context.

Language

A system of sounds that convey meaning because of shared grammatical and semantic rules.