000 u - Study guides, Class notes & Summaries

REAL 4000 UGA Test 1; Questions & Answers 100% Solved Housing market is divided into Correct answer-local markets US housing market has been in recovery since Correct answer-2011 Housing prices showed steady growth from Correct answer-1975 to 1998 Housing prices steeply grew in the Correct answer-later 1990s The housing boom was from Correct answer-2000 to 2006

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RMIN 4000 UGA Test 1. Chapters 1-3 Questions and Answers Already Passed 1) Traditionally, risk has been defined as A) any situation in which the probability of loss is one. B) any situation in which the probability of loss is zero. C) uncertainty concerning the occurrence of loss. D) the probability of a loss occurring. C 2) Objective risk is defined as A) the probability of loss. B) the relative variation of actual loss from expected loss. C) uncertainty based on a person's menta...

50% rule - you cannot recover if you are 50% or more at fault 51% rule - you cannot recover if you are 51% or more at fault additional coverages under Section I - debris removal of damaged property, reasonable repairs, trees and other plants, fire department service charge, unauthorized credit card use, loss assessment, collapse, ordinance or law, graves markers or landlord's furnishings appraisal - used when insured and insurer agree that loss is covered but disagree as to loss amount a...

NURS4000 Unit 5 Practice questions w/ rationales

RMIN 4000 UGA- Brown- Exam 1 Questions And Answers Rated A definition of risk A calculated possibility of a negative outcome calculated possibility probabilistic outcome, ranges from 0-1 (0-100%) negative outcome loss, must be quantifiable ($) frequency -"how often does a loss occur?" -number of losses in a certain time period -probability of a loss Severity -"how much does it cost when a loss occurs?" - dollar amount how to calculate frequency # of losses/# of exposure...

NURS 2000 ULM EXAM 1 PRACTICE Questions with Complete Solutions

REAL 4000 UGA; Questions & Answers 100% Solved What does the value of a property mortgage depend on Correct answer-1. Magnitude of expected cash flows 2. Timing of expected cash flows 3. Riskiness of expected cash flows The possibility that the actual outcome will vary from what was expected when the asset was purchased. Correct answer-Risk fixed amount of money paid or received at the end of every period Correct answerOrdinary annuity

4 types of hazards - 1) physical hazard 2) moral hazard 3) attitudinal hazard 4) legal hazard 6 characteristics of an insurable risk - 1) there must be a large number of exposure units 2) the loss must be accidental and unintentional 3) the loss must be determinable and measurable 4) the loss should not be catastrophic 5) the chance of loss must be calculable 6) the premium must be economically feasible active retention - active risk retention means that an individual is consciously aw...

What is the arterial system's main job? Correct Answer-To get O2 and nutrients to rest of the body. What is the venous system's main job? Correct Answer-To send blood back to lungs to exchange CO2 for more O2. Work with the lymphatic system to get rid of waste as well. What is peripheral vascular disease? Correct Answer-This is when there is damage to vessles (either arterial or venous, which will be specified on the exam). Tissues distal from the injury are usually affected. what is ...