RMIN 4000 Test 2 Daniel Brown Exam with Guaranteed Accurate Answers RMIN 4000 Test 4 Brown Exam with Guaranteed Accurate Answers RMIN 4000 Test 1 Brown UGA Exam with Guaranteed Accurate Answers RMIN 4000 uga Exam with Guaranteed Accurate Answers types of risk - correct answer -pure risk -specula...
[Meer zien]
Textbook definition of RISK - correct answer Uncertainty concerning the occurrence of a loss Better definition of RISK - correct answer A calculated possibility of a negative outcome Calculated Possibility - correct answer 0 = Impossible event (NO RISK) 0.5 = Highest Risk (Most Uncertainty)...
Voorbeeld 3 van de 16 pagina's
In winkelwagenTextbook definition of RISK - correct answer Uncertainty concerning the occurrence of a loss Better definition of RISK - correct answer A calculated possibility of a negative outcome Calculated Possibility - correct answer 0 = Impossible event (NO RISK) 0.5 = Highest Risk (Most Uncertainty)...
types of risk - correct answer -pure risk -speculative risk -diversifiable risk -nondiversifiable risk -enterprise risk -systemic risk risk - correct answer uncertainty concerning the occurrence of a loss uncertainty - correct answer probabilities cannot be estimated loss exposure - co...
Voorbeeld 2 van de 15 pagina's
In winkelwagentypes of risk - correct answer -pure risk -speculative risk -diversifiable risk -nondiversifiable risk -enterprise risk -systemic risk risk - correct answer uncertainty concerning the occurrence of a loss uncertainty - correct answer probabilities cannot be estimated loss exposure - co...
Peril - correct answer Cause of loss Risk - correct answer Uncertainty about chance, timing, or amount of loss Chance of Loss - correct answer Probability that an event will occur Objective Risk - correct answer The relative variation of actual loss from expected loss; (Actual-Expected)/Exp...
Voorbeeld 2 van de 11 pagina's
In winkelwagenPeril - correct answer Cause of loss Risk - correct answer Uncertainty about chance, timing, or amount of loss Chance of Loss - correct answer Probability that an event will occur Objective Risk - correct answer The relative variation of actual loss from expected loss; (Actual-Expected)/Exp...
Legal wrong - correct answer a violation of a person's legal rights, or a failure to perform a legal duty owed to a certain person or to society as a whole types of legal wrong - correct answer crime, breach of contract, tort Tort - correct answer a legal wrong for which the court allows a re...
Voorbeeld 2 van de 15 pagina's
In winkelwagenLegal wrong - correct answer a violation of a person's legal rights, or a failure to perform a legal duty owed to a certain person or to society as a whole types of legal wrong - correct answer crime, breach of contract, tort Tort - correct answer a legal wrong for which the court allows a re...
Exposures - correct answer things of value (assets) that could be lost Perils - correct answer things that cause injury or loss risk - correct answer a calculated possibility of a negative outcome Frequency - correct answer the number of losses (such as fire or theft) that occur within a sp...
Voorbeeld 2 van de 11 pagina's
In winkelwagenExposures - correct answer things of value (assets) that could be lost Perils - correct answer things that cause injury or loss risk - correct answer a calculated possibility of a negative outcome Frequency - correct answer the number of losses (such as fire or theft) that occur within a sp...
Principal of Indemnity - correct answer insurer pays no more than actual amount of the loss; insurer should not profit from the loss Replacement cost - correct answer the cost to replace an inventory item in its identical form (similar workmanship and quality) Actual Cash Value - correct answe...
Voorbeeld 2 van de 12 pagina's
In winkelwagenPrincipal of Indemnity - correct answer insurer pays no more than actual amount of the loss; insurer should not profit from the loss Replacement cost - correct answer the cost to replace an inventory item in its identical form (similar workmanship and quality) Actual Cash Value - correct answe...
Major Types of Private Insurers - correct answer Stock Insurers Mutual Insurers Lloyds of London Stock Insurer - correct answer -A corporation owned by stockholders. -Objective is to earn profits for the stockholders by increasing stock and paying dividends. (Progressive, Allstate, Metlife,...
Voorbeeld 3 van de 16 pagina's
In winkelwagenMajor Types of Private Insurers - correct answer Stock Insurers Mutual Insurers Lloyds of London Stock Insurer - correct answer -A corporation owned by stockholders. -Objective is to earn profits for the stockholders by increasing stock and paying dividends. (Progressive, Allstate, Metlife,...
How long is an auto insurance policy? - correct answer usually 6 or 12 months Who writes auto insurance policies? - correct answer ISO What is ISO? - correct answer Insurance Services Office Five General Types of Coverage for Auto Insurance - correct answer 1. Liability 2. Uninsured Motori...
Voorbeeld 3 van de 16 pagina's
In winkelwagenHow long is an auto insurance policy? - correct answer usually 6 or 12 months Who writes auto insurance policies? - correct answer ISO What is ISO? - correct answer Insurance Services Office Five General Types of Coverage for Auto Insurance - correct answer 1. Liability 2. Uninsured Motori...
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper GRADEUNITS. Stuvia faciliteert de betaling aan de verkoper.
Nee, je koopt alleen deze samenvatting voor $35.49. Je zit daarna nergens aan vast.
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 96462 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen
