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As a college student assigned a project requiring the investigation of characteristics of firms organized as mutual insurers which of the following would you find
As a college student assigned a project requiring the investigation of characteristics of firms organized as mutual insurers which of the following would you find as true?
1. | They are legally organized as partnerships.
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2. | They have a board of directors which is selected by state insurance departments.
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3. | They are owned by their stockholders.
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4. | They may pay dividends to their policyholders.
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