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All of the following are ideal characteristics for a risk to be privately insurable EXCEPT Question 2 2 Answer a . the loss should be
All of the following are ideal characteristics for a risk to be privately insurable EXCEPT
Question Answer
a
the loss should be within the insureds control
b
there must be a large number of similar exposure units
c
the chance of loss must be calculable
d
losses should not be catastrophic
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