Which of the Following Is a True Statement

question 46

Multiple Choice

Which of the following is a true statement?

• A) Insurers are significant financial intermediaries in the U.S. economy.
• B) Property insurers are prohibited from insuring commercial real estate.
• C) The insurance companies in the U.S. are estimated to be very profitable.
• D) Both A and C above are true statements.

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Definitions:

Norms

Socially accepted rules or standards of behavior expected within a group or society.

Social Life

The part of an individual's time that is spent interacting with others, participating in social activities and forming relationships.

Culture

The shared beliefs, customs, arts, institutions, and all other products of human work and thought created by a group of people at a particular time.

Superior Officer

A person who holds a higher rank and typically has authority over others within a hierarchical organization, such as the military or police.