Tentamen (uitwerkingen)
FX exam 2023 with 100% correct answers
- Vak
- Instelling
An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? - correct answer Aleatory: an aleatory contract means unequal amounts are exchanged between payments an...
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