Depreciation is the reduction in market value resulting from usage or time

The variance of a discrete random variable is always greater than or equal to zero

Indicate whether this statement is true or false.

Deductibles serve three major purposes, and two of those are:

A) reduce moral hazards; save on claims handling expenses B) reveal moral hazards; eliminate morale hazards C) reduce morale hazards; save on claims handling expenses D) reveal morale hazards, eliminate moral hazards