If insurers didn't practice pooling, what would happen?
A) They would save a lot of time and money by not having to do difficult calculations.
B) They would make a handsome profit since they would get to sell a lot of insurance to a lot of people.
C) The insurance mechanism would become unfeasible.
D) The insurance mechanism would become the largest money-making venture in the United States.
C
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Which of the following is a drawback of the traditional waterfall SDLC approach?
A) Users are locked into requirements. B) There are no criticisms. C) The process is too chaotic. D) It is too short of a process.
Treasury stock shares are
a. shares held by the U.S. Treasury Department b. part of the total outstanding shares but not part of the total issued shares of a corporation c. unissued shares that are held by the treasurer of the corporation d. issued shares that have been reacquired by a corporation