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RL Inc ,An American Insurance Company,attempted to Sell Life Insurance in in Spain.However,the

Question 33

Multiple Choice

RL Inc. ,an American insurance company,attempted to sell life insurance in Spain.However,the company failed to understand that life insurance policies are viewed with a negative attitude in Spain.People are averse to profiting from someone else's death,and hence the company failed to reach its sales target.In this scenario,RL Inc.experienced:


A) legal risk.
B) political uncertainty.
C) economic risk.
D) cultural misunderstanding.

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