Which of the following types of loss exposures are best handled by the use of avoidance?
A) low-frequency, low-severity loss exposures
B) low-frequency, high-severity loss exposures
C) high-frequency, low-severity loss exposures
D) high-frequency, high-severity loss exposures
Answer: D
You might also like to view...
The equity method causes the investment account to mirror the proportional changes in book value of the investee
a. True b. False Indicate whether the statement is true or false
When emailing a résumé to a potential employer, where should job ad number or reference number be included?
A) At the top of the email B) Under the contact information on the résumé C) In the cover letter that goes with the résumé D) In the subject line of the email E) In the attachment to the email
What is meant when the International Ombudsperson Association’s Code of Ethics says an ombudsperson must possess the trait of informality?
a. The ombudsperson must not have an attitude that turns away employees who are seeking to report on an ethical issue. b. The ombudsperson must not be a part of formal adjudicative or administrative procedures for ethical issues raised. c. The ombudsperson must seem like a friendly individual who is understanding of organizational culture. d. The ombudsperson does not use formal chains of command to report issues that have been introduced to him.
Jason works as a night cashier in a convenience store. One night a man enters the store, points a gun at Jason, and says "Give me the money in the cash register, or I'll shoot you." Jason's heart beat and pulse rate increase dramatically
The stressor in this situation is Jason's physiological changes. Indicate whether the statement is true or false.