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    Risk Management and Insurance
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    Exam 3: Introduction to Risk Management
  5. Question
    The Worst Loss That Is Likely to Happen Is Referred
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The Worst Loss That Is Likely to Happen Is Referred

Question 45

Question 45

Multiple Choice

The worst loss that is likely to happen is referred to as the


A) maximum possible loss.
B) probable maximum loss.
C) frequency of loss.
D) severity of loss.

Correct Answer:

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