Examlex
Which of the following is an enduring change of behavior that results from experience?
Insurance Market
A marketplace where individuals and entities can purchase insurance products to transfer risk and receive financial protection against loss.
Asymmetric Information
A situation in which one party in a transaction has more or better information than the other party, often leading to an imbalance in a transaction.
Major Theft
The act of stealing property of significant value or large quantities of items.
Probability
A measure of the likelihood of a specific outcome, event, or result occurring, expressed as a number between 0 and 1.
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