Exam (elaborations)
OK Property and Casualty - Motor Vehicle Included (Adjuster)-Section 1 Correct 100%(Graded A+)
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Risk - ANSWERSThe uncertainty or possibility of financial loss. (2 types: Speculative risk and Pure risk) Speculative Risk - ANSWERSChance of financial loss with the possibility of gain or loss. This type of risk is not insurable. Example is gambling. Pure Risk - ANSWERSChance of financial lo...
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