1. An example of a non-insurance transfer is:
a. a homeowner has an alarm company install a house alarm
b. a corporation decides not to insure a company car
c. a rental company makes the customer sign a promise to return a carpet-washer in its original condition
d. a business sells off a chemical-processing plant
2. Liability insurance states that
a. the insurer will pay damages for injury or property damage caused by the insured
b. the insurer will pay damages for injury or property damage caused by a third party to the insured
c. the insurer will hold the insured liable for damages caused by the insured but will pay for medical costs for the insured
d. the insurer will pay damages for property damage but not injury caused by the insured