Which of the following characteristics would not stop an insurance company from accepting an insurance risk?
A. The item to be insured faces high catastrophic loss exposure.
B. The item to be insured is part of a large group of homogeneous exposure units.
C. The item to be insured has a market value difficult to determine.
D. The item to be insured holds no hardship to the owner should it be lost or
damaged.
Ans: B. The item to be insured is part of a large group of homogeneous exposure units.
Business
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