Exam (elaborations)
RMIN Test 1 pt 2 Questions & Answers
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RMIN Test 1 pt 2 Questions & Answers All of the following are characteristics of insurance EXCEPT A) risk avoidance. B) pooling of losses. C) payment of fortuitous losses. D) indemnification. - ANS-A) risk avoidance. Which of the following is implied by the pooling of losses? A) sharing ...
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