Multiple Choice
Which of the following statements is false?
A) Assessment mutuals provide primarily fire and windstorm insurance.
B) A stock insurance company is a profit-making venture in both life and property insurance.
C) Dividends are paid to stockholders of stock companies.
D) In stock companies, non-insured stockholders bear none of the risk of loss.
Correct Answer:
Verified
Correct Answer:
Verified
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