what more info do you need? its a practice test either you know the answer or you dont

ER The law of large numbers states that the larger the number of people with a similar exposure to loss, the losses become more A Measurable B. Predictable C Definite D. Exact 59. Which statement regarding direct response marketing systems is FALSE? A. Producers are appointed on an exclusive basis B. Consumers apply directly to the company C. Insurance companies advertise through the mail and television D. Mass marketing methods are used for soliciting business 60. All of the following are required parts of a contract EXCEPT A Agreement B. Counteroffer C. Legal Purpose D. Consideration 61. A contract that legally binds only one party to contractual obligations after the premium is paid is referred to as A. Conditional B. A Contract of Adhesion C. Aleatory D. Unilateral 62. Attempting to determine how much life insurance a person would need based on their future income, inflation and the time value of money is known as the A Human Life Value Approach B. Viatical Approach C. Estate Planning Approach D. Needs Approach 63. Which of the following is TRUE in regard to premiums? A Preferred risks pay a higher premium than standard risks B. Substandard risks pay lower premium than preferred risks C. Standard risks pay a lower premium than substandard risks D. Standard risks pay a lower premium than preferred risks KR. The law of large numbers states that the larger the number of people with a similar exposure to loss, the losses become more A Measurable B. Predictable C. Definite D. Exact 59. Which statement regarding direct response marketing systems is FALSE? A. Producers are appointed on an exclusive basis B. Consumers apply directly to the company C. Insurance companies advertise through the mail and television D. Mass marketing methods are used for soliciting business 60. All of the following are required parts of a contract EXCEPT A Agreement B. Counteroffer C. Legal Purpose D. Consideration 61. A contract that legally binds only one party to contractual obligations after the premium is paid is referred to as A. Conditional B. A Contract of Adhesion C. Aleatory D. Unilateral 62. Attempting to determine how much life insurance a person would need based on their future income, inflation and the time value of money is known as the A. Human Life Value Approach obe B. Viatical Approach C. Estate Planning Approach D. Needs Approach 53. Which of the following is TRUE in regard to premiums? ! A Preferred risks pay a higher premium than standard risks B. Substandard risks pay lower premium than preferred risks C. Standard risks pay a lower premium than substandard risks D. Standard risks pay a lower premium than preferred risks