QUESTION 6 Suppose Smith & Smith, LLC is a small, 20-employee Kentucky business that provides a very unique service: it cleans bourbon distilling vessels. In fact, Smith & Smith is the only company within a fifteen-state radius that performs this service. Further suppose that Smith & Smith has been in business for twenty years, and has always paid their workers' comp premiums on time. Smith & Smith's loss history is average, and its workers compensation premium is usually around $25,000 per year. Which of the following is the most likely means for Smith & Smith to obtain workers' compensation insurance? A Self-Insurance B. Fully insure Through the Competitive Market State-Funded High-Risk Pool D. Group Self insurance (Captive Trade Group) QUESTION 7 Which of the following sources best describes a workers' compensation system in which a state leaves employers with no choice in the source for obtaining workers' compensation insurance, and mandates the employer obtain such coverage through the state-run system? A Monopolistic B. High-Risk Pool C. National System D. Competitive Market