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Examen
RIBO Definitions 123 Questions with 100% Correct Answers | Verified | Latest Update
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---14enero 20242023/2024A+
- INSURANCE - ️️The undertaking by one person to indemnify another person against loss or liability for loss in respect of a certain risk or peril to which the object of the insurance may be exposed, or to pay a sum of money or other thing of value upon the happening of a certain event OR Sharing of the losses of a few people among the many who pay premiums 
 
SPECULATIVE RISK - ️️A chance of loss but there is also a chance of profit, and because of the chance of profit these are uninsurab...
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$8.49 Más información
jacklineshee00
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Examen
RIBO Definitions (All Accurate 100%)
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---9octubre 20232023/2024A+
- INSURANCE correct answers The undertaking by one person to indemnify another person against loss or liability for loss in respect of a certain risk or peril to which the object of the insurance may be exposed, or to pay a sum of money or other thing of value upon the happening of a certain event OR Sharing of the losses of a few people among the many who pay premiums 
 
SPECULATIVE RISK correct answers A chance of loss but there is also a chance of profit, and because of the chance of profit the...
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$11.96 Más información
SirAnton