________ (Or Reasoning) Is the Process of Using the Rules

question 29

Short Answer

________ (or reasoning) is the process of using the rules in the knowledge base along with the known facts to draw conclusions.

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Definitions:

Original Lender

The financial institution or lender that originally provided the loan or credit to a borrower.

Insurance Policy

A contract between an insurer and the insured, outlining the terms under which the insurer agrees to compensate the insured for specific losses.

Risks

The possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility.

Duties of Insurer

The responsibilities an insurance company is bound to fulfill, including issuing policies, collecting premiums, and paying out claims.