Multiple Choice
Which of the following statements is true regarding the financial crisis and the insurance industry?
I.The insurance industry is to blame for causing the financial crisis by originating sub-prime mortgage loans.
II.Many insurance companies became insolvent as a result of the financial crisis.
A) I only
B) II only
C) both I and II
D) neither I nor II
Correct Answer:
Verified
Correct Answer:
Verified
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