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keyone keyone
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7 years ago
If insurance did not exist in the United States, which of the following might reasonably be expected to happen?
A) Banks would lower their interest rates on home mortgages and auto loans.
B) Moral hazards would decrease.
C) The occurrence of perils would decrease.
D) In general, only large businesses would be able to survive.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
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giddugiddu
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7 years ago
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