No need for any explanation, please just provide answers for these multiple-choice questions.

1. An insurance company might use all but which one of the following as its representative in loss adjustment?

Select one:

a.a staff adjuster.

b.an independent adjuster.

c.a public adjuster.

d.an independent agent.

2. Whole life insurance

Select one:

a.all of the options are correct.

b.develops cash values which may be used for retirement.

c.may be purchased under several premium paying options.

d.guarantees protection for the entire lifetime of the insured.

3. Insurance which is required by law

Select one:

a.is usually classified as a public guarantee program.

b.is classified as a social insurance coverage.

c.may be social or private, depending on other characteristics.

d.is classified as a compulsory-private insurance coverage.

4. In programming life insurance, the best approach to coping with inflation is to:

Select one:

a.wait and see what happens, and then make required adjustments.

b.create flexibility in the program that will permit future adjustments.

c.purchase as much life insurance as you can afford.

d.attempt to estimate the rate of future inflation and purchase increased coverage based on this estimate.

5. The hazard that reflects the tendency in some jurisdictions for judges and juries to favor a plaintiff in litigation is properly classified as

Select one:

a.a legal hazard.

b.a morale hazard.

c.none of the options are correct.

d.a moral hazard.