FutureAdjusters
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Future Adjusters Online Class - Chapter 4

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Chapter 4

Chapter 4

Question 1 of 5

1

What are the two types of economies?

Select one of the following:

  • Money and Crafts

  • Modern and Early Modern

  • Money and Non Money

  • Money and Trades

Explanation

Question 2 of 5

1

What was one way early Merchants would limit their losses?

Select one of the following:

  • Limit Areas of Service

  • Redistribute their wares on several ships

  • Not ship goods

  • Get paid before delivery

Explanation

Question 3 of 5

1

Who established “The Fire Office”?

Select one of the following:

  • Thomas Jefferson

  • Ben Franklin

  • Tomas Lloyd

  • Nicholas Barbon

Explanation

Question 4 of 5

1

The inhabitants of Rhodes invented What?

Select one of the following:

  • Created the “General Average”

  • Insurance as we know it

  • The “General Sum”

  • The theory of Subrogation

Explanation

Question 5 of 5

1

The Franklin Health Assurance Company of Massachusetts was the first to offer what?

Select one of the following:

  • Wellness Programs

  • Final Expense insurance

  • Modern HMO’s

  • The first to offer Accident insurance in the USA

Explanation

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