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Which of the Following Statements Regarding Insurance and Gambling Is

question 31

Multiple Choice

Which of the following statements regarding insurance and gambling is (are) true?
I.Insurance is used to handle existing pure risks,while gambling creates a new speculative risk.
II.Insurance usually involves risk avoidance,while gambling typically involves only risk reduction.


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A type of fruit that develops from multiple ovaries of one flower or the ovaries of multiple flowers.

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