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GoodMad_ GoodMad_
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Posts: 3898
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7 years ago
When insureds engage in a pooling of risk,
A) each individual experiences an increase in his or her total risk.
B) they can reduce the total losses of the insureds.
C) total premiums will be less than total losses.
D) the individual risk accompanying future uncertain events is decreased.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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7 years ago
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GoodMad_ Author
wrote...
7 years ago
I'll mark it solved, you deserve it
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