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    Exam 10: Managing Property and Liability Risk
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    The Reduction of Risk That Occurs with Purchasing Insurance Is
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The Reduction of Risk That Occurs with Purchasing Insurance Is

Question 53

Question 53

Multiple Choice

The reduction of risk that occurs with purchasing insurance is primarily due to the


A) hazards you face.
B) principle of indemnity.
C) law of large numbers.
D) large-loss principle.

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