Pure answe - Study guides, Class notes & Summaries

UGA History Exemption Test Pre 1877/exam review study guide correct and verified 100%UGA History Exemption Test Pre 1877/exam review study guide correct and verified 100% Pre-Columbian Peoples of the American Southwest - correct answers--Agriculturally focused groups that developed powerful and complex societies -Became increasingly dependent on the cultivation of maize Pre-Columbian economy in Great Basin and the western Great Plains - correct answers-- Migratory because of limited reso...

What two elements are necessary to a life insurance contract to have a legal purpose? - CORRECT ANSWER 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? - CORRECT ANSWER Loss What Type of Risk is Insurable? - CORRECT ANSWER Pure What is the term for the causes of loss insured against in a insurance policy? - CORRECT ANSWER Peril What Law Protects Consumers from the circulation of inaccurate or obsolete information? - CORRECT ANSWER The Fai...

Pure - ANSWERSInsurance is defined as the transfer of ______________ risk to the insurance company in consideration for a premium. Pure Risk - ANSWERSThe chance of loss without any chance of gain is called ___________ Speculative Risk - ANSWERShas the possibility for gain or loss and is not insurable. Risk - ANSWERSis defined as the chance of loss. Exposure - ANSWERSA condition that could result in a loss is known as Hazard - ANSWERSis something that increases the chance of loss. ...