Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

1-Name three elements of an Ideally Insurable Risk and describe what makes them ideal. 2-Why are most market risks, financial risks, production risks, and political

1-Name three elements of an Ideally Insurable Risk and describe what makes them ideal.

2-Why are most market risks, financial risks, production risks, and political risks considered difficult to insure by private insurers?

3- Give an example of how the definitions in objective risk differ from subjective risk apply - what do they mean?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Blockchain Digital Finance And Inclusion

Authors: David Lee, Robert H. Deng

1st Edition

012812282X, 978-0128122822

More Books

Students also viewed these Finance questions

Question

★★★★★

Determine whether the statement is true or false. Justify your answer. 1. Multiplication of an invertible matrix and its inverse is commutative. 2. When the product of two square matrices is the...

Answered: 1 week ago

Question

★★★★★

=+for fixed x and y. Thus the posterior density is approximately that of a normal distribution with mean y and variance 1/n.

Answered: 1 week ago

Question

★★★★★

Scheduled payments of $800 due two months ago and $1200 due in one month are to be repaid by a payment of $1000 today and the balance in three months. What is the amount of the final payment if...

Answered: 1 week ago

Question

★★★★★

1-Name three elements of an Ideally Insurable Risk and describe what makes them ideal. 2-Why are most market risks, financial risks, production risks, and political risks considered difficult to...

Answered: 1 week ago

Question

★★★★★

A firm has fixed costs of $6.0 million, which includes an annual depreciation of $87,000 . The variable cost ratio is 83%. If the firms annual sales is $39.5 million, what is the firms DOL?

Answered: 1 week ago

Question

★★★★★

Millikan Oil Drop Lab Purpose . to explore the Millikan Oil Drop experiment . determine the value of the elementary charge Apparatus...

Answered: 1 week ago

Question

★★★★★

What is commonly used by a SOC to engage the IR team as soon as possible

Answered: 1 week ago

Question

★★★★★

CNBE, a prominent news channel, is gearing up to provide insightful coverage of recent elections, recognizing the importance of data-driven analysis. A comprehensive survey has been conducted,...

Answered: 1 week ago

Question

★★★★★

The performance of 20 students on their final test on statistics in 1992 and for the second class of 20 students in 2017 is shown in the columns below. Class of 1992 Class of 2017 80 100 91 99 91 94...

Answered: 1 week ago

Question

★★★★★

A project manager assigns tasks to a team that is not prepared or skilled in the languages required to implement the solution. The team is not able to complete the deliverables adequately. What type...

Answered: 1 week ago

Question

★★★★★

2 Eskom is a state-owned enterprise that has now gone through various stages of liberalization and privatization. In view of the increased pressures to make profits and to make savings on the costs...

Answered: 1 week ago

Question

★★★★★

In contrast to American managers, Indian managers favour labour and government intervention in the affairs of the organization.

Answered: 1 week ago

Question

★★★★★

Power distance (Hofstede, 1991). African cultures are generally seen as tolerating higher levels of inequality and hierarchy. This has implications for the level of participation in organizations and...

Answered: 1 week ago

Previous Question Next Question