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Examveda

A seller’s market in which insurance is expensive and in short supply is termed as _________

A. Hard Market

B. Soft Market

C. Alternative Market

D. None of the Above

Answer: Option C

Solution(By Examveda Team)

A seller’s market in which insurance is expensive and in short supply is termed as Alternative Market. A term commonly used in risk financing to refer to one of a number of risk funding techniques is known as Alternative Market.

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