Thursday, October 22, 2009

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Dating is a form of courtship, and may include any social activity undertaken by, typically, two people with the aim of each assessing the other's suitability as their partner in an intimate relationship or as a spouse. The word refers to the act of meeting and engaging in some mutually agreed upon social activity. Traditional dating activities include entertainment or a meal.

In many cultural traditions, a date may be arranged by a third party, who may be a family member, acquaintance, or professional matchmaker. Recently internet dating has become popular.

Although dating etiquette has become more relaxed during the twentieth century, there are considerable differences between social and personal values. For example, when an activity costs money (for example, a meal), traditionally the man was expected to pay; but in recent times the practice of "going Dutch" (splitting the expenses) has become more common and more acceptable.

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Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed and known small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.