The Concept of Insurance Is to

question 31

Multiple Choice

The concept of insurance is to

• A) reimburse the insured for financial losses.
• B) insure that a loss-causing event will not occur.
• C) both a and b.
• D) neither a nor b.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Magnuson-Moss Warranty Act

A federal law enacted in 1975 to protect consumers from deceptive warranty practices, requiring warranties for consumer products to be clearly disclosed.

Written Warranties

Guarantees provided in written form by the seller or manufacturer, promising the quality and durability of a product.

Consumer Purposes

Activities or objectives that cater to the needs and desires of individual buyers, contrasting with commercial or business aims.

Federal Trade Commission Act

A U.S. federal law established in 1914 to promote consumer protection and eliminate and prevent anticompetitive business practices.