Which of the Following Statements About Insurance Is True

question 37

Multiple Choice

Which of the following statements about insurance is true?

• A)The most important things to insure are your fixed assets.
• B)Money used to buy insurance is wasted because you cannot invest it.
• C)You cannot have too much insurance.
• D)It should be given priority before you start investing.

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Definitions:

Conscious Awareness

The state of being awake and aware of one's surroundings and thoughts.

Algorithm

A step-by-step procedure or formula for solving a problem, often used in computing and mathematical problem-solving.

Proposition

A statement or assertion that expresses a judgment or opinion.

Concepts

Abstract ideas or mental symbols that represent general categories of objects, events, or qualities.