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All of the following are true regarding the relationship of suretyship and insurance, EXCEPT: Available answer options Select only one option A The legal, financial,
All of the following are true regarding the relationship of suretyship and insurance, EXCEPT: Available answer options Select only one option A The legal, financial, and risk transfer characteristics of corporate suretyship and insurance are closely related to each other. B Companies that offer both suretyship and insurance have a broader market potential because some customers require insurance as well as bonds. C Consolidation of financial and capital resources of corporate suretyship and insurance in a single corporate operation makes a company less financially credible. D The various states recognize the connection between suretyship and insurance by requiring that insurance departments regulate surety companies
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