Multiple Choice
Which of the following statements concerning the selection of risk management techniques and insurance market conditions is true?
I.It's easier to purchase affordable insurance during a "soft " market than during a "hard" market.
II.Retention is used more during a "soft" market than during a "hard" market.
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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