exercise10风险管理和保险.docVIP

Exercise 10: Chapter 10 Risk Management and Insurance I. Multiple choice 1. This type of insurance covers business against customers injured on their premises. __B____ A. workmen’s compensation B. public liability C. coinsurance D. personal liability 2. The type of life insurance that offers insurance and saving is: _B_____ A. term. B. endowment. C. group life. D. straight life. 3. A bond that protect employers from employee dishonesty is called: _A_____ A. fidelity. B. bail. C. surety. D. liability. 4. A small firm that wishes to deal with the risk of loss by fire would probably : _C_____ A. ignore it. B. self-insure. C. purchase fire insurance. D. install a warning system. 5. Which is not a recommended method of dealing with risk? _C_____ A. avoid it B. insure against it c. iignore it D. reduce it 6. A business that wants to protect itself against nonperformance of a vendor’s contract would require the vendor to furnish a: _D_____ A. cash advance. B. fidelity bond. C. public liability insurance. D. surety bond. 7. The two basic types of risk are: __D____ A. contingent and probable. B. speculative and probable. C. preferred and speculative. D. speculative and pure. 8. When a person purchases stock, the investor is taking on: __B____ A. pure risk. B. speculative risk. C. uncontrolled risk. D. probable risk. 9. Life insurance rates are statistically calculated through: __C____ A. historic costs. B. the birth rate. C. mortality table 死亡率表 D. data-based costs. 10. In terms of minor risks, businesses may favor：_C_____ A. over-insuring. B. underinsuring. C. self-insuring D. maximizing coverage. II. Explain the key concepts and fill in each of the following blanks with an appropriate words 1. risk management 风险管理 Risk management is the process of r______ form of risk and may at some time find themselves being s______ by some individual or firm for d______ the amount a court awards a plaintiff in a successful lawsuit . 2. uninsurable risks 不可保风险