Vidyalelo
Commerce · Q54

Insurance

Graduate and Post Graduate · Commerce · question 54

Q54

An environment where insurance is plentiful and sold at a lower cost, also known as a Buyers market is called _________

A.
Hard Market
B.
Soft Market
Answer
C.
Alternative Market
D.
None of the Above

Answer: Option B

Solution

Answer: Option B
Solution:
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyers market is called Soft Market.