If you were an underwriter of homeowners insurance coverage, asking which of the following underwriting questions would probably be socially unacceptable to the homeowner applicant?
A) What religious beliefs do you have?
B) Does anyone in your family smoke cigarettes in the house?
C) Do you have an alarm system installed and working?
D) Do you have a swimming pool?
A
You might also like to view...
Which of the following is true of the analysis of the term structure of interest rates??
A. ?It assumes that investors in long-term securities face high transaction costs. B. ?It assumes that investors can predict short-term interest rates accurately. C. ?It assumes that the yield curve is always flat. D. ?It assumes that investors in bonds have a preferred habitat.
To help producers manage discrepancies between what gets produced and what customers need, channel specialists perform ________ activities, such as accumulating, bulk-breaking, sorting, and assorting.
A. regrouping B. channel C. selective distribution D. direct marketing E. promotion
Jordan will need $20,000 at the end of 6 years to put a down payment on a house. What rate of return will he need to earn if he can invest $9,110 today?
A) 14.0% B) 13.0% C) 13.5% D) 14.5% E) 15.0%
Adverse selection refers to those with high credit risks, being most aggressive in their search for funds
Indicate whether the statement is true or false