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Identify the seven broad classes of property and liability insurance for business firms. Identify the two broad classes of commercial crime insurance. Describe the purpose

  1. Identify the seven broad classes of property and liability insurance for business firms.
  2. Identify the two broad classes of commercial crime insurance.
  3. Describe the purpose of credit enhancement or financial guarantee insurance.
  4. Identify the three parties to a surety contract and describe their roles.
  5. Identify and describe the five main categories into which surety bonds may be classified.

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