The Scope of Insurance

question 2

Multiple Choice

The scope of insurance:

• A) limits the tax-deductibility of premiums
• B) is limited to social insurance
• C) is not clearly defined
• D) does not include weddings

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Definitions:

Classical Conditioning

The process of learning by continuously combining two stimuli; a response that first originates from the second stimulus ultimately originates from the first stimulus exclusively.

Operant Behavior

Conduct that is governed or impacted by its outcomes, such as incentives or sanctions.

Influences

Factors or agents that have an effect on the development, behavior, or decisions of individuals or systems.

Environment

Every nongenetic influence, from prenatal nutrition to the people and things around us.