What is insurance? How can insurance companies bear such a large risk burden and still be profitable?

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Effective small business management An Entrepreneurial Approach

ISBN: 978-0132157469

10th Edition

Authors: Norman M. Scarborough

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Question Posted: Oct 12, 2012 02:49 AM

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What is insurance? How can insurance companies bear such a large risk burden and still be profitable?

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Insurance is the transfer of risk from one entity x an individual a group or a business x to an ...View the full answer

Effective small business management An Entrepreneurial Approach

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