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Vincent is upset because he performed poorly in a math test.Instead of blaming his poor performance on his poor preparation,Vincent blames his relatives who visited his house the week before his math test.In this case,Vincent is displaying
Business Risk
The possibility that a company will have lower than anticipated profits or experience a loss rather than making a profit.
Insurance Agreement
is a contract between an insurance provider and a policyholder, specifying the terms for coverage of specified risks in exchange for premiums.
Policy
The insurance document signed by the insured party and the insurer.
Policy Provider
An entity or organization that issues policies, typically in the context of insurance, offering coverage for various risks.
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