36
QuizMultiple Choice

N/A — Exam

Question 36 • CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT

Insurance offers consumers

Answer
A
full reimbursement after business setbacks.
B
a guarantee that a business will succeed.
C
protection from the costs of unplanned events.
D
income to help start a new business venture.

Explanation

Insurance helps protect consumers from the financial costs of unexpected events, such as accidents, illness, or property damage. It does not guarantee business success or necessarily reimburse every loss in full. Therefore, the correct choice is protection from the costs of unplanned events.

AI-written and checked against the verified answer.

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