Fresco Inc

question 34

Multiple Choice

Fresco Inc. insures the life of Giotto, a key Fresco executive. Giotto leaves the firm to work for HVAC Company. Fresco continues to pay the premiums on the policy. Giotto subsequently dies. Benefits under the policy can be collected by

• A)Giotto's estate.
• B)Fresco.
• C)HVAC.
• D)none of the choices.

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Definitions:

Sensitivity

The ability of a test to correctly identify those with the disease (true positive rate), indicating its reliability in detecting cases.

Infectious Disease

Diseases caused by pathogenic microorganisms, such as bacteria, viruses, parasites, or fungi; can be spread directly or indirectly from one person to another.

Sequential Tests

A statistical analysis method where data is evaluated in a sequence, allowing for earlier decision making without waiting for all data.

Net Sensitivity

A measure in screening and diagnostic tests that quantifies the ability of the test to correctly identify those with the condition.