According to the VALS segmentation system, ________ are successful, goal-oriented people who focus on career and family. They favor premium products that demonstrate success to their peers

Which of the following is not a source of unsystematic risk?

A) A major economic downturn B) A crippling labor strike C) A competitor's successful advertising campaign D) The departure of a firm's chief executive officer E) The expiration of a patent

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