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The Logical Specification Items Might Include All of the Following

question 2

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The logical specification items might include all of the following except:


Definitions:

Pooling

The act of grouping together resources, risks, or interests to achieve a common goal or reduce risk.

Supply Curve

A visual chart demonstrating how the price of an item correlates with the volume of that item that sellers are ready to provide.

Insurance

A financial product that transfers the risk of financial loss from an individual or business to an insurance company, in exchange for premium payments.

Lloyd's of London

A British insurance and reinsurance market where members join together as syndicates to insure and spread risks.

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