Exclusions are used in insurance policies for all of the following reasons EXCEPT
A) to reduce moral hazard.
B) to waive policy conditions.
C) to eliminate coverage for uninsurable perils.
D) to eliminate coverage not needed by typical insureds.
Answer: B
Business
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a. true b. false
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The backward research process begins by
a. defining the problem b. translating the problem into research methodology c. examining the research data d. reviewing secondary data to eliminate research needing to be done e. determining key decisions to be made in collaboration with management
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