Which of the Following Statements Is True of Asian Americans

question 20

Multiple Choice

Which of the following statements is true of Asian Americans?

• A) Asian Indians are the largest Asian American group.
• B) Asian Americans have the lowest education levels.
• C) More than half of Asian Americans are employed in low-paying jobs.
• D) Asian Americans have the highest median household income.
• E) Asian Americans are the largest minority group in the United States.

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Definitions:

Insurable Interest

A requirement that a person seeking to purchase an insurance policy must have a stake in the well-being of the person or property insured.

Endorsement

The signing of one’s name on the back of a negotiable instrument for the purpose of negotiating it to another.

Premiums

Payments made regularly to an insurance company in exchange for coverage, representing the cost of the insurance policy.

Co-insurance Clause

A provision in insurance policies requiring the policyholder to bear a portion of the loss by maintaining coverage of a specified percentage of the value of the property to receive full reimbursement.