The Relationship Between Frequency and Magnitude Predicts That ____

question 42

Multiple Choice

The relationship between frequency and magnitude predicts that ____.

• A)events of larger magnitude occur more frequently
• B)events of smaller magnitude occur less frequently
• C)more frequent events have a larger magnitude
• D)less frequent events have a larger magnitude
• E)the magnitude and frequency of an event are unrelated

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Definitions:

Insurable Interest

A principle requiring that a person purchasing insurance has a vested interest in the item or life being insured.

Double Chocolate Bars

Confectionery items that incorporate chocolate in at least two forms, such as chocolate coating and chocolate filling.

Confection Corporation

A business entity specialized in the production and sale of sweets and chocolates.

Perfect Tender Rule

A common law rule under which a seller was required to deliver to the buyer goods that conformed perfectly to the requirements stipulated in the sales contract. A tender of nonconforming goods would automatically constitute a breach of contract. Under the Uniform Commercial Code, the rule has been greatly modified.