19. All of the following are true about “insurance” EXCEPT:
A.
B.
C.
D.
It is a social device for spreading loss over large numbers of people
It involves the pooling of large numbers of individual risks
It is a form of gambling because it may or may not pay
off
It transfers risk from one party to a group

In line with other previous and contemporaneous proposals, in 1912 the meteorologist  alfred wegener  amply described what he called continental drift, expanded in his 1915 book the origin of continents and oceans and the scientific debate started that would end up fifty years later in the theory of plate tectonics.

Answerthe maximum price that a buyer is willing to pay for a good;

Jake gets insurance after his dog ruins his neighbor's yard