Demutualization Refers to ________

question 87

Multiple Choice

Demutualization refers to ________.

• A)the conversion of mutual insurance companies from being owned by policy holders to stock holders
• B)the conversion of mutual fund companies from being owned by policy holders to stock holders
• C)the conversion of insurance companies from being owned by stock holders to policy holders
• D)the conversion of mutual fund companies from being owned by stock holders to policy holders

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Definitions:

Scientific Revolution

The period of major transformation in scientific thought and method that took place in Europe during the 16th and 17th centuries, leading to advances in physics, astronomy, biology, and chemistry.

Grand Tour

A cultural and educational trip traditionally undertaken by young European aristocrats of the 17th and 18th centuries to major European cities to enrich their education.

Pompeo Batoni

An 18th-century Italian painter known for his classical portraits and historical subjects, representative of the Grand Tour artistic patronage.

On-Location Portraits

Photography or portrait painting that takes place in a specific, often meaningful, environment outside of a studio, capturing the subject in a natural or significant setting.