There Have Been a Series of Large Judgments in Product

question 9

Multiple Choice

There have been a series of large judgments in product liability cases against companies producing hair dryers. If this trend continues, insurance companies will respond by ________ the premiums charged for liability insurance for hair dryer manufacturers.

• A) lowering
• B) canceling
• C) increasing
• D) underwriting

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Definitions:

Department Of Homeland Security

A department of the U.S. federal government created in response to the September 11 attacks, tasked with protecting the territory of the U.S. from terrorist attacks and responding to natural disasters.

Patriot Act

Legislation passed in the United States following the September 11 attacks, aimed at strengthening national security by expanding the powers of law enforcement agencies to surveil and detain suspected terrorists.

Dual Federalism

A political arrangement in which state and federal governments are seen as co-equal sovereigns with separate and distinct areas of jurisdiction, often referred to as "layer-cake" federalism.