Individuals Renting Out Rooms in Their Home for Overnight Stays

question 19

Multiple Choice

Individuals renting out rooms in their home for overnight stays, individuals jointly owing a car with other owners, and individuals who give rides to people who call or text them are creating "new" liability exposures for insurers. The social change that creates these new liability exposures is called

• A) the millennial generation.
• B) the baby boom factor
• C) the greying of America.
• D) the sharing economy.

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Definitions:

Flexible Work Schedules

Employment arrangements that allow employees to vary their work hours and locations, offering greater personal control over their work-life balance.

Better Incentives

Enhanced or improved rewards or motivations designed to encourage specific behaviors or outcomes.

Psychological Contract

The unwritten, implicit expectations and beliefs about the mutual obligations between employees and employers beyond the formal employment contract.

HR Metrics

Quantitative measures used to track and assess the efficiency and effectiveness of HR policies, processes, and practices.