Busi 100 busines - Study guides, Class notes & Summaries
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BUSI 100 Business Terms and Definitions Liberty University
- Exam (elaborations) • 41 pages • 2024
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BUSI 100 Business Terms and Definitions Liberty University
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PROPERTY AND CASUALTY INSURANCE EXAM WITH VERIFIED ANSWERS
- Exam (elaborations) • 37 pages • 2024
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PROPERTY AND CASUALTY INSURANCE EXAM WITH VERIFIED ANSWERS 
1. Specific insur- 
ance 
2. Blanket insur- 
ance 
This type of insurance designates a particular item to be 
insured 
This type of insurance covers more than one item of 
property at a single location or one more items of prop- 
erty at multiple locations. 
3. Speculative possibility of both gain and loss. Not insurable. 
4. Pure only the possibility of loss. Insurable. 
5. What are the 5 
methods of man- 
aging or handling 
risk? 
avo...
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