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Question 13 (5 points) Beth has a beach house on a barrier island off the coast of South Carolina. She has an arrangement with her

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Question 13 (5 points) Beth has a beach house on a barrier island off the coast of South Carolina. She has an arrangement with her local bank to loan her money to repair or rebuild her beach house if it is damaged or destroyed by a hurricane. Is Beth's arrangement with her bank a form of insurance? Why or why not? A

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