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This question belongs to Commerce Insurance

Insurance

?

Identify the correct statement

A) Risk retention would mean absence of possibility of loss or damage B) The event of loss is insignificant C) Assets are covered by insurance D) The owner of assets is prepared to accept the uninsured risks and its effects

Answer & Solution

Correct Answer: Option D

The event of loss is insignificant. Tell yourself that it's insignificant and you shouldn't be so weak.

Question posted by Examveda

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