When One Control Statement Is Located Within Another, It Is

question 20

Multiple Choice

When one control statement is located within another, it is said to be ____.

• A) blocked
• B) compound
• C) nested
• D) closed

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Definitions:

Coinsurance Clause

A provision in an insurance policy that defines the percentage of the claim amount to be shared between the insurer and the insured.

Short-rate Refund

A return of a portion of the premium on an insurance policy that is canceled by the policyholder before its expiration, calculated at less than a pro-rata basis.

Premium Rate

The cost rate of insurance coverage per unit of coverage, reflecting the risk and administrative costs.

Coinsurance Clause

A provision in an insurance policy that defines the split of responsibility for payment between the insurer and the insured.