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Business, 07.10.2019 22:20 connzbozz

All but one of the following features characterizes desirable aspects of insurance arrangements.
the chance of loss should be measurable.
the losses should be accidental from the viewpoint of the person who is injured.
the number of insured should be large, and they should be independently exposed to the potential loss.
the insurer should be guaranteed positive economic profits.

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All but one of the following features characterizes desirable aspects of insurance arrangements.
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