The number of policies for 5 equal partners in a cross-purchase arrangement is: A. 5 B....
The number of policies for 5 equal partners in a cross-purchase arrangement is:
A. 5
B. 10
C. 15
D. 20
Homework Answers
Correct answer is D.20
No. of polices in cross purchase arrangement = n*(n-1)
= 5*(5-1)
= 5*4
= 20
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The number of policies for 5 equal partners in a cross-purchase
arrangement is:
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