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NEW QUESTION: 1

A. Option D
B. Option B
C. Option A
D. Option C
Answer: D

NEW QUESTION: 2
Section B (2 Mark)
A perspective on decision making based on the assumption that people typically show risk aversion; hence, when making decisions they view whatever losses may be involved as more painful than equivalent gains are desirable. We have an irrational tendency to be less willing to gamble with profits than with losses.
A. Utility Theory
B. Attribution Theory
C. Prospect Theory
D. None of the Above
Answer: C

NEW QUESTION: 3
Insurance coverage that protects real and personal property from catastrophic losses caused by a variety of perils, such as fire, theft, vandalism, and windstorm is referred as:
A. Liability insurance
B. Property insurance
C. Insurance premium
D. Peril
Answer: C


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700-245 Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the 700-245 Exam.

700-245 Exam Topics

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700-245 Offcial Page

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Check what resources you have available for studying.

Schedule the 700-245 Exam

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