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AzJose AzJose
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7 years ago
Which of the following statements about chance of loss and risk is (are) true?
I.   If the chance of loss is identical for two groups, the objective risk must be the same.
II.   Two individuals may perceive differently the risk inherent in a given activity.
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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7 years ago
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