Multiple Choice
Which of the following statements about risk pooling as a form of insurance is correct?
A) Lending institutions forcing consumers to buy insurance as a condition for financing is not an example of risk pooling.
B) Captive insurers diminish the need for risk pooling.
C) Duplication is a form of risk pooling.
D) In some cases the law requires firms to create them.
Correct Answer:
Verified
Correct Answer:
Verified
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