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Frequent Contributor
shef
Posts: 88
Registered: ‎31-03-2016

What is the difference between burglary, theft and larceny?

What is the difference between co insurance and re insurance?

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Frequent Contributor
Arti
Posts: 163
Registered: ‎30-08-2021
Solution

Re: What is the difference between burglary, theft and larceny?

Dear Sir , 

Theft or larceny involves taking property without the use of force and without breaking into a structure to do so.

 

Though burglary can involve theft, one doesn't necessarily have to take any property to be convicted of this crime. To commit burglary, a person must break and enter a structure or dwelling with the intent to commit a crime inside.

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Contributor
rizvan
Posts: 49
Registered: ‎31-03-2016

Re: What is the difference between burglary, theft and larceny?

Reinsurance is when an insurer transfers a part of its risk to a reinsurer by paying a reinsurance premium. Generally most insurers will restrict the risk on their books to some limit and pass on the rest to a reinsurer.

Co-insurance is when two or more insurers come together to share the risk in some proportion.

The impact of reinsurance and coinsurance is similar since both reduce the ultimate risk carried by the insurer but the dynamics and competitive impact are different.

Frequent Contributor
Arti
Posts: 163
Registered: ‎30-08-2021
Solution

Re: What is the difference between burglary, theft and larceny?

Dear Sir , 

Theft or larceny involves taking property without the use of force and without breaking into a structure to do so.

 

Though burglary can involve theft, one doesn't necessarily have to take any property to be convicted of this crime. To commit burglary, a person must break and enter a structure or dwelling with the intent to commit a crime inside.

View solution in original post