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the breadwinner knows that he may die 32 and leave his family the poorer. On the other hand, not every house is damaged by fire, not every vessel lost at sea. If these persons each put a small 33 into a pool, there will be enough to meet the needs of 34 who do suffer loss. In other words, the losses of the few are met from the contributions of the many. This is the basis of insurance. Those who pay the contributions are known as the 35 and those who administer the pool of contributions as insurers.The legal basis of all insurance is the policy. It states that in return for the regular payment by the insured of a named sum of money, called the premium, which is usually paid every year, the insurer will pay a sum of money or 36 for loss, if the risk or event insured against actually happens.The premium for an insurance naturally depends on how likely this is to happen, as suggested by past experience. If panies 37 their premiums too high, there will be more petition in their branch of insurance and they may lose business. 38 , if they make their premiums too low, they will lose money and may even have to drop 39 business. So the ordinary forces of supply and demand keep premiums 40 a level satisfactory to both insurer and insured.31. A. is exposed on B. is exposed to C. is exposing to D. exposed to32. A. in an early age B. in early years C. at an early age D. at early ages33. A. sum B. quantity C. number D. count34. A. the little B. the few C. a little D. a few35. A. insurer B. insured C. insurance pany D. beneficiary36. A. bill B. interest C. pensation D. price37. A. fix B. decide C. hold D. remain38. A. Despite of that B. But C. On the other hand D. Therefore39. A. across B. out of C. off D. away 40. A. with B. on C. in D. at Section C Directions: Read the following passage and the statements that follow. Choose the best answer for each statement from the three choices marked A, B and C, and mark the corresponding letter on the Answer Sheet with a single line through the center.Dear Ms. Jean,I am writing about the order for the clothes you placed with us three months ago and your letter of enquiry relating to it. We are very sorry that we are having difficulty with the suppli