Which of the following describes facultative reinsurance?
A) The reinsurer considers each risk before allowing the transfer to be made from the ceding company.
B) The reinsurer rejects most risks from the ceding company.
C) The reinsurer accepts all risks of a certain type from a ceding company.
D) The reinsurer accepts all risks from the ceding company."
Answer: A) The reinsurer considers each risk before allowing the transfer to be made from the ceding company.
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Indicate whether the statement is true or false.
The biggest difference between the questions used for most interviews and those on questionnaires is:
A) interview questions may be open ended. B) interview questions may be grouped into categories. C) interviewing allows the analyst to include questions that are both open ended and closed. D) interviewing permits interaction between the questions and their meanings.