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1)In product liability, negligence actions against manufacturers surfaced once the _____ doctrine was removed.

assumption of risk

last clear chance

comparative negligence

attractive nuisance

privity

2)

The linear regression model postulates that; Y = b + mX + e. In this equation, what does m stand for?

Y-intercept

Random variable with a mean of zero

Number of claims

Dollar amount per claim

Slope

3)

If a person who receives payment from the insurer has the right to recover damages from another, the insurer has the right to:

gentrification.

subrogation.

redlining.

demutualization.

blockbusting.

4)

During the liquidation or distribution period, annuity units are exchanged for:

dollar value of annuity.

preference shares.

stock options.

unit plans.

accumulation units.

5)

If the employees do not have enough credits for a cafeteria plan, they can pay the additional cost through payroll deduction on a pretax basis using a(n):

core plus plan.

premium conversion plan.

modular cafeteria plan.

401(k) plan.

contributory modular plan.

6)

The health savings account can be part of a health maintenance organization, preferred provider organization, or indemnity plan, as long as it has a:

100 percent reimbursement guarantee.

second surgical opinion provision.

stop-loss limit.

high deductible.

coordination of benefits provision.

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