Question

define wherehoue and insurance ​

Answer 1

Answer:

first of all wherehouse k warehouse

warehouse is a building for storing goods

insurance is a means of protection of financial loss

Answer 2

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The basic principle of insurance is that an entity will choose to spend small periodic amounts of money against a possibility of a huge unexpected loss. Basically, all the policyholder pool their risks together. Any loss that they suffer will be paid out of their premiums which they pay.