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Demetrius Was Turned Down When He Attempted to Buy a Life

Question 19

Multiple Choice

Demetrius was turned down when he attempted to buy a life insurance policy on his former Introduction to Business instructor.The most likely reason the insurance company turned down his attempt to insure the life of his former instructor was that:


A) The chance of the loss could not be measured.
B) He did not have an insurable interest in the instructor's life.
C) The instructor had already taken out a policy.
D) The loss would not be accidental.

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