“ince a report had been made to the king on the fertility of the soil by and by me on the feasibility of discovering the passage to China, . . . his Majesty directed Sieur de Monts to make a new outfit, and send men to continue what he had commenced. . . . He was also influenced by the hope of greater advantages in case of settling in the interior, where the people are civilized,… than along the sea-shore, where the generally dwell. From this course, he believed the king would derive an inestimable profit; for it is easy to suppose that Europeans will seek out this advantage rather than those of a jealous and intractable disposition to be found on the shores.” — Samuel Champlain, French explorer, 1604 The French most differed from the Spanish in relations with American Indians in that the French

Functionally, a gomphosis is categorized as a synarthrosis.

The bone articulates with the anterior distal portion of the femur is the _________________.

A world-famous soccer goalie wants to insure his legs for $10 million, since his career depends on them. Which insurer is most likely to issue such a policy?  

Which of the following companies cannot form a captive?

Which of the following statement(s) is (are) TRUE concerning indemnification? I. Insureds are not always fully indemnified. II. Deductible insurance would provide full indemnification.    

Joe has workers compensation insurance and healthcare coverage through his employer. Joe’s health insurance has a deductible while workers’ compensation does not. Joe injured his ankle playing basketball on a Saturday. To avoid paying for the deductible, Joe reports to his supervisor that he was injured when he was working. The case of Joe violates which of the following requirement of an insurable risk?

All the following are helpful for insurers to reduce asymmetric information EXCEPT  

Consider a firm that has $8 in inventory.  They are considering two options with respect to the storage of this inventory.  Option A would have them store the entire inventory in one warehouse.  If it stores its inventory in a single warehouse, they are exposed to the risk of fire.   Assume that there is a 50% chance of a fire occurring, which would destroy their entire inventory.  Assume also that there is a 50% chance of having no fire. What is the expected loss for option A?  Derive the amount of risk (C.O.V) associated with option A. (Please round your answer to two decimal place) Option B would have them split their entire inventory evenly across two warehouses; in other words, they would store $4 inventory in each warehouse.  Assume now that each warehouse individually faces the same probability distribution for severity . What is the expected loss for option B? Derive the amount of risk (C.O.V) associated with option B. (Please round your answer to two decimal place)

The distance of a house to the nearest fire station could be considered a physical hazard because: