Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
BML 11-1
Test Description: Business maganagement and law, chapter 11, first set.
Instructions: Answer all questions to get your test result.
1) Business interruption insurance
A
covers property losses resulting from fire, storms, and theft.
B
provides payments to employees who can not work due to illness or injury.
C
provides compensation for ongoing business expenses that occur if a business has a temporary shutdown due to a fire, flood or
D
covers payments for cable television services if that service is stopped at your place of business.
2) A risk that relates harm or injury to other people or their property because of your actions is called
A
impersonal risk
B
property risk
C
liability risk
D
personal risk
3) The person or company buying an insurance policy.
A
insured
B
agent
C
policyholder
D
claimant
4) A policyholder's request for payment for a loss covered by an insurance policy is a
A
premium
B
fraud
C
deductible
D
claim
5) A risk that can result in damage to your own health or well-being is called
A
pure risk
B
impersonal risk
C
personal risk
D
impure risk
6) The person or company for which the insurer assumes the risk is the
A
insured
B
insurer
C
beneficiary
D
lucky duck
7) A risk that presents the chance for loss but no opportunity for gain is a
A
impure risk
B
liability risk
C
speculative risk
D
pure risk
8) The exclusive right to possess and use a property and its profits.
A
human rights
B
property rights
C
natural rights
D
civil rights
9) A risk that can lead to loss of items such as money, vehicles and buildings.
A
pure risk
B
speculative risk
C
property risk
D
bespectacled risk
10) The amount a policyholder pays for insurance coverage.
A
extortion
B
benefits
C
claim
D
premium
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?