Which of the Following Is a Characteristic of Prestigious Occupations

question 45

Multiple Choice

Which of the following is a characteristic of prestigious occupations?

• A) They usually require carrying out very specific tasks.
• B) They require more formal education and extensive training than other occupations.
• C) They are a result of one's inherited characteristic.
• D) They are primarily manual.
• E) They require more supervision than other occupations.

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Definitions:

Risk of Loss

Refers to the possibility that an asset's value could decrease due to a variety of factors, potentially resulting in financial loss for the holder.

Title

The legal right to own, use, or dispose of property; often evidenced by a document.

Insurable Interest

(1) In contract law, a property interest in goods being sold or leased that is sufficiently substantial to permit a party to insure against damage to the goods. (2) In the context of insurance, an interest in a person’s life or well-being that is sufficiently substantial that insuring against the person’s death or injury does not amount to a mere wagering contract.

Title

The legal right to own, use, or dispose of property or assets.