Business Studies, asked by mibirctc, 11 months ago

Que 16: A fact that influences a prudent underwriter?s decision to accept the risk or not is known as __.

Answers

Answered by queensp73
1

Answer:

A material fact is a fact which will affect the judgement of a prudent underwriter in considering whether to accept or to reject a risk and if accepted, at what rate of premium and under what terms and conditions.

decision to accept the risk or not is known as The Interagency Security

Explanation:

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