One social cost of insurance is attributed to the fact that if it were not for insurance, certain losses would not occur.
Correct Answer:
Verified
Q17: The principle of adhesion states that ambiguities
Q18: A broker is a legal agent of
Q19: An agent may without authority perform some
Q20: Social insurance needs advance funding to operate
Q21: Without the insurance mechanism, the reserves needed
Q23: Match the descriptions with their terms:
-An economic
Q24: Match the descriptions with their terms:
-One of
Q25: Match the descriptions with their terms:
-Insuring a
Q26: Match the descriptions with their terms:
-A contract
Q27: Match the descriptions with their terms:
-The principle
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