英语翻译
题目
英语翻译
1)Example
Marie and Joseph Patterson are both employed full time.They have used $10,000 of their savings to purchase stock in a growing software company.They believe that the software company is strong and that their investment will soon be worth a lot more than $10,000.
Analysis
The Pattersons’ investment in a software company is an example of speculative risk.As a result of their investment,the Pattersons may gain financially or they may lose part or all of their investment.The Pattersons are also faced with the pure risk that one or both of them could die and their family would lose the income that they now earn.
2)Example
Indira Patel’s application for life insurance contained the statement that she had visited a doctor on July 10,when the actual date of the visit was July 9.
Analysis
The insurer’s decision as to whether Indira is an insurable risk will not change based on the misstatement as to the date of the doctor visit.This misrepresentatio
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