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medulla medulla
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7 years ago
Which of the following statements about risk-bearing financial institutions is not correct?
A) They are a good example of creating self-insurance by the customers of these institutions.
B) They allow its customers to transfer their financial risks to the institution for a fee.
C) They capitalize on their size to mitigate risks.
D) They finance the cost of any losses by the fees they get from their customers.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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nationalnational
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7 years ago
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