Adam Smith wrote, People of the same trade seldom meet together, even for merriment and diversion, but
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Adam Smith wrote, “People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” To what extent do you believe that this observation holds true with respect to the various cooperative organizations in the insurance field?
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Fundamentals Of Risk And Insurance
ISBN: 978-1118534007
11th Edition
Authors: Emmett J. Vaughan ,Therese M. Vaughan
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