When a participating respondent does not answer a specific question, this is known as:
A) refusal
B) break-off
C) item omission
D) perplexing situation
E) desertion
C
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One source of life and health insurance underwriting information is an organization that life and health insurance companies can join
As a member, life and health insurance companies report health impairments of applicants, and this information is shared with member companies. Although the information is shared, the underwriting decision of the member company is not disclosed. What is this organization called? A) Fair Isaac Corporation (FICO) B) Medical Information Bureau (MIB) C) National Association of Insurance Commissioners (NAIC) D) National Association of Mutual Insurance Companies (NAMIC)
A short position refers to
A) inadequate margin in a margin account. B) securities you have sold but do not own. C) an order to sell stock at a price below its current market price. D) securities you purchased but have not yet taken delivery of the shares.