Insurance for Business (Law)(Intro)

Insurance for Business (Law)(Intro)

9th - 12th Grade

35 Qs

quiz-placeholder

Similar activities

UNIT 1 AND 2 STUDY GUIDE PART 1

UNIT 1 AND 2 STUDY GUIDE PART 1

12th Grade

33 Qs

Manajemen Lintas Budaya

Manajemen Lintas Budaya

1st - 10th Grade

30 Qs

Trade theories International Business Grade 12

Trade theories International Business Grade 12

12th Grade

36 Qs

Company Law

Company Law

12th Grade - University

35 Qs

Entrepreneurship Summative 3

Entrepreneurship Summative 3

12th Grade

30 Qs

REVIEW ACTIVITY

REVIEW ACTIVITY

12th Grade

30 Qs

Nat5 Understanding Business Revision

Nat5 Understanding Business Revision

11th Grade

39 Qs

First Quarter Finals - Accounting

First Quarter Finals - Accounting

12th Grade

30 Qs

Insurance for Business (Law)(Intro)

Insurance for Business (Law)(Intro)

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Cory Brace

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of risk discussed in the segment?

Threat

Hazard

Negligence

Peril

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the term used to describe anything which increases the likelihood of loss through some peril?

Threat

Hazard

Speculative risk

Pure risk

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a business owner knows about defective wiring and fails to fix it, it is considered which of the following?

Pure risk

Speculative risk

Threat

Negligence

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is true of pure risks?

They are intentional

They are predictable

They provide no chance of gain

They are not insurable

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a speculative risk?

Leaving a business unlocked

A tornado

Failing to clear ice from the business entrance

Investing in stocks

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a possible consequence of inadequate insurance coverage?

Bankruptcy

Increased credibility

Decreased probability of longevity of the business

Increased legal issues

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the most common method of risk management?

Risk transfer

Risk reduction

Risk retention

Risk avoidance

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?