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What are colligative properties?
Buyers
Individuals or organizations that purchase goods or services for personal use, resale, or production.
Deductibles
The amount an insured person is required to pay out-of-pocket before an insurance company will cover the remaining costs.
Moral Hazard
The situation where one party is likely to take risks because the negative consequences of the risk will be borne by another party.
Fire Insurance
A type of property insurance that covers damage and losses caused by fire, providing financial protection to property owners.
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