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NemiM [27]
3 years ago
13

Explain how insurance transfers risk to a third party.

Social Studies
2 answers:
juin [17]3 years ago
5 0

Answer:

Hope this helps!

Explanation:

Risk transfer is a risk management and control strategy that involves the contractual shifting of a pure risk from one party to another. One example is the purchase of an insurance policy, by which a specified risk of loss is passed from the policyholder to the insurer.

guajiro [1.7K]3 years ago
4 0

Answer:

Risk transfer can be defined as a mechanism of risk management that involves the transfer of future risks from one person to another and one of the most common examples of risk management is purchasing insurance where the risk of an individual or a company is transferred to a third party (insurance company).

Risk transfer in its true essence is the transfer of the implications of risks from one party (individual or an organization) to another (third party or an insurance company). Such risks may or may not necessarily take place in the future. Transfer of risks can be executed through buying an insurance policy, contractual agreements, etc.

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The process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior and might
Serjik [45]

Answer:

Market Segmentation

Explanation:

The process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior and might require separate products or marketing programs is called market segmentation.

5 0
3 years ago
According to current research, if you were to make and hold the facial expression associated with surprise for about 10 seconds,
bearhunter [10]

Answer:

According to current research, if you were to make and hold the facial expression associated with surprise for about 10 seconds, your body would begin to produce arousal that would be unique to that emotion.

Explanation:

Studies by psychologists have shown that facial expressions have the (limited) power to affect one's mood. If a person smiles, which is a common expression of someone who is feeling happy, happiness can be elicited. Of course, if a person is going through a difficult moment, such as the loss of a relative, simply forcing a smile won't make that person stop mourning. Still, the studies prove that mood can be influenced by facial expressions.

A certain university study had participants obey to commands. They weren't told which feeling they were supposed to be triggering. They obeyed commands such as "raise your eyebrows" or "open your eyes wide." What researchers found is that participants ended up feeling what that expression was associated to. Therefore, if the researcher command facial expressions related to fear, participants would feel fear even though they weren't aware of the expression being one of fear.

3 0
4 years ago
You are asked to recall the names of the Seven Dwarfs in the Snow White fairy tale. You are familiar with the story, and may hav
strojnjashka [21]

Answer:

retrieval failure                                                                            

Explanation:

Retrieval failure: In psychology, the term "retrieval failure" is described as a forgetting phenomenon which is related to a person's "long-term memory", and is defined as specific difficulties that an individual faces while recalling a piece of information due to the fact that a certain retrieval triggers or cues are absent.

Cause: An individual who experiences difficulty or incapability in receiving specific memories.

In the question above, the given statement signifies the retrieval failure.

3 0
3 years ago
The intern at the design department admitted to taking things like tape and scissors from her office but said she felt that sinc
Darina [25.2K]

Answer: reflection of her person, character, thinking and even upbringing

Explanation:

Employee who steal because they feel that they are owed or is benefits from the job are high risk individuals and can lead to a company's downfall. Stealing is taking what does not belongs to you and using sweet names to qualify your actions is even more wrong. It tells on your character as a person that you are not truthful and cannot be trusted. A person who steal and fails to admit it is a self centered person and does not mind and lacks good home training. This kind of behavior is not sudden. The person involved must have been doing it for a long time and it has become part of him. His or her has made himself believe that what he or she is doing is ringht and no matter what you say they will never admit their wrong.

3 0
3 years ago
How worried was cortes about is actual authority to act in mexico
Pepsi [2]
He was not worry at all because he had a authority to act
3 0
3 years ago
Read 2 more answers
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