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Which of the following types of loss exposures are best handled by the use of retention? 1. High-frequency, low-severity losses. II. Low-frequency, low-severity losses. I

Which of the following types of loss exposures are best handled by the use of retention? 1. High-frequency, low-severity losses. II. Low-frequency, low-severity losses. I only O both I and 11 neither I nor 11 Oll only

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