A contract between two or more parties in which one party agrees, for a fee, to assume the risk of another is called _____.
A. coverage
B. insurance
C. separation of duties
D. bailment
Answer: B
A contract between two or more parties in which one party agrees, for a fee, to assume the risk of another is called _____.
A. coverage
B. insurance
C. separation of duties
D. bailment