Malcolm Purchased Health Insurance from Healwell Insurance Corp

question 74

Multiple Choice

Malcolm purchased health insurance from Healwell Insurance Corp.as he was assured that he would be able to claim the expense incurred on his treatment in the future.With this guarantee,the insurance corporation was able to win the trust and confidence.In this scenario,which of the following determinants of service quality is the company aware of?

• A)Intangibility
• B)Assurance
• C)Profitability
• D)Apathy

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Definitions:

Stock Options

Contracts that give the investor the right, but not the obligation, to buy or sell a stock at a specified price before a certain date.

Traded

The act of buying or selling securities, commodities, or other financial instruments on financial markets.

Put-Call Parity

A fundamental principle in options pricing that establishes a specific relationship between the prices of European put and call options with the same strike price and expiration date.

European Put Option

A financial contract that gives the holder the right, but not the obligation, to sell an underlying asset at a specified price on the expiration date.