In Terms of Ownership, There Are Two Main Forms of Insurance

question 23

True/False

In terms of ownership, there are two main forms of insurance companies: stock and mutual. A hybrid form, the mutual holding company, has been approved in some states.

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Definitions:

Strong Acids

Acids that completely dissociate into their ions in water, significantly increasing the concentration of hydrogen ions in a solution.

Reduced

Reduced typically refers to a chemical reaction in which atoms gain electrons, or in a broader sense, the diminishment in size, amount, or intensity of something.

Acid

Substances that release hydrogen ions (H+) when dissolved in water, characterized by their sour taste and the ability to turn litmus paper red.

Oxidized

The state of a molecule that has lost electrons, often associated with a gain of oxygen or loss of hydrogen.