Question: Question 2 1 Why might an insurance contract exclude certain locations, perils, property, or types of loss? Select all the answers that apply. To avoid

Question 21
Why might an insurance contract exclude certain locations, perils, property, or types of loss? Select all the answers that apply.
To avoid catastrophic loss
To discourage adverse selection.
To encourage reinsurance
To deter moral hazard
Question 21 Why might an insurance contract exclude certain locations, perils,

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