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1. Discuss the four ways the book uses to manage risk and give examples. 2. Please define, explain, and give examples of peril and hazard

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1. Discuss the four ways the book uses to manage risk and give examples. 2. Please define, explain, and give examples of peril and hazard in the context of risk management. 3. What are the three methods used to determine the amount of life insurance? 4. What is personal liability insurance? Who should have it? Why

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