A significant percentage of wealth held by those over 65 is in the form of home equity

From the viewpoint of the insurer, all of the following are characteristics of an ideally insurable risk EXCEPT

A) The loss must be accidental. B) The loss should be catastrophic. C) The premium must be economically feasible. D) There must be a large number of exposure units.

Which of the following is NOT an example of synthetic transformation?

A) removing salt from seawater in a desalination process B) melting copper and tin together to make bronze C) mixing wood pulp, water, and chemicals to make paper D) stirring chocolate into milk E) spinning sugar and dye into cotton candy