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Which of the Following Statements About the Decision to Purchase

Question 114

Multiple Choice

Which of the following statements about the decision to purchase insurance is true?


A) You will not be able to know which decision was the right one to make until you can use hindsight.
B) The decision must be made in consideration of the best information available at the time.
C) The cost of the insurance should be weighed against the benefit of payouts over the life of the contract.
D) None of these are true.

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