What are the features of Insurance?​

Answers

Answer 1

1.sharing of risk

2. Co operative devise

3. Value of risk

4. Payment at congentincey

5. Payment of fortuitous losses

6. Amount of payment

7. A large number of insured persons

Answer 2
•Sharing of Risk

•Payment at Contingency. ...

•Payment of Fortuitous Losses. ...

•Amount of Payment. ...

•A large Number of Insured Persons.

Related Questions

A trademark is a type of patent.
True or False?

Answers

I believe false, if not sorry
FALSE

There are three types of patents: utility patents, plant patents, and design patents. A trademark is a word, symbol, design, or phrase that denotes a specific product and differentiates it from similar products. Copyrights protect “original works of authorship,” such as writings, art, architecture, and music.

Patents prevent others from making or selling an invention, but trademarks protect the words, phrases, symbols, logos, or other devices used to identify the source of goods or services from usage by other competitors

the purpose of competition policy ​

Answers

This Act, by prohibiting private monopolization, unreasonable restraint of trade and unfair trade practices, by preventing excessive concentration of economic power and by eliminating unreasonable restraint on production, sale, price, technology and the like, and all other unjust restriction of business. The economic role of competition is to discipline the various participants in economic life to provide their goods and services skillfully and cheaply.

In order to assess whether an event should be considered a national-level event, the Department of Homeland Security uses a ____ threshold

Answers

it goes by color

History of Homeland Security Advisory System (HSAS)

The national threat level has changed 17 times. It has consistently remained at Yellow (Elevated) or Orange (High) and was elevated to Red (Severe) once on Aug. 10, 2006. HSAS has never been lowered to Green (Low) or Blue (Guarded).

dhs

A government spending program that may or may not be funded by Congress
in the federal budget is spending.
A. deficit
B. contractionary
C. discretionary
D. mandatory

Answers

The name that is given to a government spending program that may or may not be funded by Congress in the federal budget is C. Discretionary spending

What is Discretionary Spending?

This refers to the type of spending in American finance which means the cost or expense that may or may not be funded by Congress in a federal budget.

Hence, we can see that based on the given question, we are meant to make the correct match to the type of spending that is used when certain funds may or may not be funded by Congress in the federal budget and option C is the correct answer.

Read more about discretionary spending here:

https://brainly.com/question/1233136

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