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What does purchasing insurance for a business reveal about the business owners attitude?

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What does purchasing insurance for a business reveal about the business owners attitude?

This interesting question is from why does insurance often provide peace of mind subject

This question was posed to me in exam.

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Correct answer for this question is: What does purchasing insurance for a business reveal about the business owner's attitude toward financial risk? it shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.

The title of my answer is Unit Test Spending and Budgeting Flashcards | Quizlet

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