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    Risk Management and Insurance Study Set 1
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    Exam 23: Commercial Liability Insurance
  5. Question
    "Social Inflation" Means a Person Can Collect Additional Damages After
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"Social Inflation" Means a Person Can Collect Additional Damages After

Question 54

Question 54

True/False

"Social inflation" means a person can collect additional damages after the original judgment because costs increase (as reflected by the Consumer Price Index).

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