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A type of financial instrument that ensures payments are made under specific conditionsis ____ and its primary function is to ____a.

A type of financial instrument that ensures payments are made under specific conditionsis ____ and its primary function is to ____a.
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A type of financial instrument that ensures payments are made under specific conditionsis ____ and its primary function is to ____a.

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User Oron
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4 votes

Answer:

an insurance contract; transfer risk

Step-by-step explanation:

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User GlenPeterson
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