Multiple Choice
Which one of the following losses is an indirect loss?
A) Damage to a car when a tree falls on it
B) Loss caused by an arsonist who burns down a building to collect insurance proceeds
C) Monetary losses due to the inability to produce and sell goods when a machine is destroyed
D) Monetary losses due to a legal liability claim
Correct Answer:

Verified
Correct Answer:
Verified
Q36: All the following are direct losses <u>except</u>:<br>A)
Q37: What are the three basic methods of
Q38: Risk Pooling is an example of:<br>A) a
Q39: Which of the following is not a
Q40: Assume that 1000 students, all healthy, all
Q42: If you were the risk manager of
Q43: The first step in the Risk Management
Q44: The Chief Risk Officer is concerned primarily
Q45: Which of the following is a false
Q46: Employee benefits have been strengthened in the