Questão número 640664

Your answers to questions 44 to 46 must be based on the text below, which is entitled ''Financial and Market Conditions'':

In paragraph 2, the insurance industry is described as cyclical. Thus, it is characterized by elements which

• a.

  seldom occur again.

• b.

  are hardly identifiable.

• c.

  do not follow a noticeable pattern.

• d.

  are regularly repeated.

• e.

  vary both in length and degree.