A Type of Insurance in Which the Insured and the Insurer

question 22

Multiple Choice

A type of insurance in which the insured and the insurer share a risk of loss due to fire is:

• A) co-insurance.
• B) non-forfeiture insurance.
• C) no-fault insurance.
• D) reinsurance.

---

Definitions:

Instrumental Conditioning

A learning process through which the strength of a behavior is modified by its consequences, such as rewards or punishments.

Operant Conditioning

A learning process where behavior is modified by consequences, such as rewards for positive behavior or punishments for negative behavior.

Constrain

A limitation or restriction on actions or outcomes.

Opportunity

A situation or condition that places an individual in a favorable position to achieve a desired outcome.