SOFE
SOFA-CFE · Question #269
SOFA-CFE Question #269: Real Exam Question with Answer & Explanation
The correct answer is D. reciprocal insurance exchange. See the full explanation below for the reasoning.
Question
What is a voluntary unincorporated business created to write insurance for its subscribers: a group of individuals, partnerships, and corporations in which each agrees to insure the other?
Options
- Asurplus stock exchange
- Bescrow requirements funds
- Ctreasury stock exchange
- Dreciprocal insurance exchange
Community Discussion
No community discussion yet for this question.