Exam (elaborations)
CT Property and Casualty State Exam Questions and Answers Part one 100% pass | graded A+
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risk - is the possibility a loss will occur. Two Types of Risks - Speculative and Pure. Speculative Risk - have a possibility of a loss and also the possibility of a gain. (not covered by insurance companies) examples of speculative risk - Gambling and Investing. Pure Risks - ONLY involve the ...
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