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Which if the following statements is FALSE? O a. O b. c. An insurance company will offer insurance to cover the risk of loss

Which if the following statements is FALSE? O a. O b. c. An insurance company will offer insurance to cover the risk of loss arising from moral hazards. Insurers will not pay for losses that are certain to occur. An insurance company prefers to insure risks that are static over time and are binary in nature. O d. Insurers will not pay for losses that arise from illegal activities.

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