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Which of the Following Statements About Bearing Risk Collectively Is

Question 1

Multiple Choice

Which of the following statements about bearing risk collectively is correct?


A) Bearing risk collectively means that the risk is spread over a larger group.
B) Bearing risk collectively results in a more cost-efficient outcome.
C) Bearing risk collectively is an application of risk diversification.
D) All of the above are correct.

Correct Answer:

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