A risk sharing method which requires the exporter to take the first loss from an...
50.1K
Verified Solution
Link Copied!
Question
Finance
A risk sharing method which requires the exporter to take the first loss from an uncollected export receivable, up to a specified amount. This generally serve to reduce the administrative costs the insurer would incur from processing very small claims. This is called? O a. Insurance premium O b. Co-insurance O c. Collections O d. Deductibles
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
