Question: QUESTION TWO ( TRUE False 1 TRUE FALSE QUESTIONS 1-from the standpoint of the individual ,insurance is a system in wich a small certain cost

QUESTION TWO ( TRUE False 1 TRUE FALSE QUESTIONS 1-from the

QUESTION TWO ( TRUE False 1 TRUE FALSE QUESTIONS 1-from the standpoint of the individual ,insurance is a system in wich a small certain cost is substituted for a large uncertain loss 2- Insurance cannot be used to deal with exposures that lack one of the elements of an insurable exposure

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