All but one of the following features characterizes desirable aspects of insurance arrangements. Select one: a....

 

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All but one of the following features characterizes desirable aspects of insurance arrangements. Select one: a. the number of insured should be large, and they should be independently exposed to the potential loss. b. the chance of loss should be measurable. c. the insurer should be guaranteed positive economic profits. d. the losses should be accidental from the viewpoint of the person who is injured. All but one of the following features characterizes desirable aspects of insurance arrangements. Select one: a. the number of insured should be large, and they should be independently exposed to the potential loss. b. the chance of loss should be measurable. c. the insurer should be guaranteed positive economic profits. d. the losses should be accidental from the viewpoint of the person who is injured.

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