Why is a large number of exposure units generally required for a risk to be insurable?
A) It allows the insurer to accurately predict the aggregate dollar amount of loss.
B) It allows for at least some losses to occur.
C) It reduces speculative risk.
D) It reduces both the speculative risk and pure risk.
A
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A network that covers a contiguous geographic area is called a ____.
Fill in the blank(s) with the appropriate word(s).
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Indicate whether the statement is true or false
A network supplies programming and services to a series of local TV stations, or ________, which contract to preempt time during specified hours for programming provided by the networks and carry national advertising within their programming.
A. interconnects B. satellite networks C. affiliates D. station reps E. regional networks
A number of federal regulations specify the information that must be included in labeling. Which of the following is not specified?
A. Fabric content B. Safety precautions C. Ingredient content D. Packaging content to indicate whether the package is recyclable E. Fabric cleaning instructions