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SOFE AFE Exam - Topic 1 Question 31 Discussion

Posted by Lawrence on May 04, 2022 at 06:20 AM

An entity's practices concerning loss settlement, such as a practice of vigorously defending suits or of quickly settling suits, can have a significant effect on an entity's loss experience.

Suggested Answer: A

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12 comments · newest first
MA
Malika 11 months ago
Wait, are we saying defending suits is worse than settling?
CR
Cristen 11 months ago
Definitely true, it can change everything for the company.
AV
Avery 12 months ago
Really? I’m not so sure about that.
TH
Thurman 12 months ago
That's a fact, quick settlements can save money in the long run.
DE
Delisa 12 months ago
Totally agree, it really impacts the bottom line.
TH
Thersa 1 year ago
True seems right to me; I recall discussing how aggressive defense versus quick settlements can change the financial outcomes for companies.
GR
Gregoria 1 year ago
I feel like this could be false, but I can't recall any specific examples from my studies that support that.
ER
Ernest 1 year ago
I'm not entirely sure, but I remember a practice question that mentioned the importance of settlement strategies.
TA
Tamar 1 year ago
I think the answer is true because how an entity handles lawsuits can really impact their overall losses.
MA
Matthew 1 year ago
Okay, I think I know how to approach this. I'll need to use the `kubectl cordon` command to mark the node as unschedulable, then `kubectl drain` to evict all the pods running on it.
DO
Donte 1 year ago
Hmm, I'm not too familiar with OceanStor 9000 InfoAllocator. I'll need to think this through carefully.
LE
Lenna 1 year ago
I think battery is definitely a primary tort for security officers since it involves physical harm, right?
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