Which of the following is NOT an insurer's requirement for coverage?
A) The policyholder must have an insurable interest.
B) The loss should be accidental.
C) The loss should be very great.
D) The insurer is able to spread the risk widely.
E) The loss must be measurable.
Answer: C
Explanation: C) In general, any risk that is too large is uninsurable.
Business
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a. Automatic teller machines b. Point-of-sale terminals c. Electronic check conversion d. Automated clearinghouses
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A ________ is the outcome that motivates a customer's buying behavior
A) benefit B) demand C) value D) need E) want
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