Typically, the Amount of Protection Offered by a Surge Protector

question 159

True/False

Typically, the amount of protection offered by a surge protector is inversely proportional to its cost; that is, the more expensive, the more protection the protector offers.

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Definitions:

Financial Reporting

The method of generating reports that reveal a company's financial condition to its management, investors, and governmental bodies.

Civil Law

A legal system based on written codes and statutes, in contrast to common law, which is based on judicial decisions.

McCarran-Ferguson Act

A United States federal law that exempts insurance businesses from most federal regulation, allowing states to regulate the insurance industry.

Antitrust Legislation

Laws designed to promote fair competition and prevent monopolies, conspiracies, and other situations that restrain trade.