QUESTION 29 The Parento Principle suggests that 20% of your exposures cause most of your losses 80% of your exposures can create the larger losses Your retained losses can create a financial burden on your business The top 20% of your exposures produce the highest percentage of risk awareness and safer locations None of the above QUESTION 30 Asymmetric knowledge is when The insurance company knows your past claims history Claims and underwriting share data to develop your rates When the customer possesses knowledge that is unknown to the insurer When one party writes the contract and the other party has to accept it None of the above QUESTION 31 Standard and Poor's started using all the following components to rate insurance companies except Earning and Investments Brand and Awareness Enterprise Risk Management Capital Adequacy None of the above