Q53
A seller’s market in which insurance is expensive and in short supply is termed as _________
A.
Hard Market
B.
Soft Market
C.
Alternative Market
AnswerD.
None of the Above
Answer: Option C
Solution
Answer: Option C
Solution:
A seller’s market in which insurance is expensive and in short supply is termed as Alternative Market. A term commonly used in risk financing to refer to one of a number of risk funding techniques is known as Alternative Market.