Risks that are peculiar to single firm

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Reference no: EM132044695

1. Risks that are peculiar to a single firm:

A) cannot be diversified away

B) are called specific risks

C) tend to cause stocks to move together

D) are called market risks

2. Most insurance policies are sold by agents and brokers. A broker legally represents the principal and has the authority to act on the principles behalf while the agent legally represents the insured.

True or False? Please explain why

Reference no: EM132044695

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