Examen
CPCU 500 - Foundations of Risk Management and Insurance, questions and answers graded A+
- Grado
- Institución
CHAPTER 1 ... What are the two elements of risk? -Uncertainty of outcome - Time of the outcome and type of outcome are uncertain -possibility of a negative outcome - at least 1 outcome is negative What is the difference between probability and possibility? Possibility - an outcome...
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