Which of the following statements is correct about the loading expenses for insurance companies?
A) The loading expenses are measured using the expense ratio.
B) The loading expenses are governed by law.
C) The loading expenses reduce the insurance premiums charged by insurance companies.
D) The loading expenses compensate the insurance companies for the risk that they take.
A
Business
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Which of the following diagrams represents the cardinality pairs for a typical, hierarchical organization?
A)
B)