state farm ch.1 building questions and answer rated A+ 2023

state farm ch.1 building questions and answer rated A+ 2023 A. risk retention. B. risk avoidance. C. risk reduction. correct answer D. risk transference. - correct answer Jared hopes to purchase a new insurance policy for his car, but he has an extremely poor driving record. The insurance company decides to issue Jared an insurance policy, but charges him a premium much higher than the average driver. The insurance company is practicing: A. risk avoidance. Correct Answer B. risk retention. C. risk transference. D. risk reduction. - correct answer Six Stars Development Company has just been offered a great deal on ten large properties in Las Vegas. The economy in Las Vegas has been declining recently, but the CEO of Six Stars expects it to recover soon. This could be an exceptional opportunity for Six Stars, but it's also pretty risky. Ultimately, the Six Stars executive team decides not to purchase the properties. This is an example of: A. Declarations Correct Answer B. Definitions C. Exclusions D. Conditions - correct answer In which section of the policy might you find the following statement? "Property Address: 246 Rosemead Drive." A. plaintiff. Correct Answer B. tort. C. defendant. D. tortfeasor. - correct answer Lee was watc