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(Solved): 11) Under one type of merit rating, the class or manual rate is adjusted upward or downward based o ...
11) Under one type of merit rating, the class or manual rate is adjusted upward or downward based on past loss history. This type of merit rating is called A) schedule rating. B) judgment rating. C) experience rating. D) retrospective rating.
Expert Answer
Explanation:Correct answer for the question The correct answer is D) retrospective rating.Explanation:Retrospective rating is