1-3章quZ保险学原理.docVIP

Quiz1 Chapter 1 Risk in Our Society 1) Traditionally, risk has been defined as A) any situation in which the probability of loss is one. B) any situation in which the probability of loss is zero. C) uncertainty concerning the occurrence of loss. D) the probability of a loss occurring. 2) Objective risk is defined as A) the probability of loss. B) the relative variation of actual loss from expected loss. C) uncertainty based on a persons mental condition or state of mind. D) the cause of loss. 3) Uncertainty based on a persons mental condition or state of mind is known as A) objective risk. B) subjective risk. C) objective probability. D) subjective probability. 4) An individuals personal estimate of the chance of loss is A) an objective probability. B) an objective risk. C) a subjective probability. D) an a priori probability. 5) A peril is A) a moral hazard. B) the cause of a loss. C) a condition which increases the chance of a loss. D) the probability that a loss will occur. 6) An earthquake is an example of a A) moral hazard. B) peril. C) physical hazard. D) objective risk. 7) Dense fog that increases the chance of an automobile accident is an example of a A) speculative risk. B) peril. C) physical hazard. D) moral hazard. 8) Faking an accident to collect insurance proceeds is an example of a A) physical hazard. B) objective risk. C) moral hazard. D) attitudinal hazard. 9) Carelessness or indifference to a loss is an example of A) physical hazard. B) objective probability. C) moral hazard. D) attitudinal hazard. 10)Taylor Tobacco Company is concerned that the company may be held liable in a court of law and ordered to pay a large damage award. The characteristics of the judicial system that increase the frequency and severity of losses are known as A) moral hazard. B) particular risk. C) speculative risk. D) legal hazard. 11) Which of the following statements about financial risk is (are) true? I. Enterprise risk does not include financial risk. II. Financi