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Commerce SSS2 Third Term
Test

Commerce SSS2 Third Term Mid-Term Assessment

Commerce SSS2 Third Term Mid-Term Assessment

9 questions · 9 points possible

  1. 01

    _____ is the process of measuring risk exposure and determining the premium that needs to be charged to insure the risk?

    • Under write
    • Under insurance
    • Underwriting
    • None of the above
  2. 02

    The transfer of risk from one insurer to another is referred to as ______?

    • Assurance
    • De-assurance
    • Reinsurance
    • Agreement
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