Multiple Choice
Risk avoidance is the best risk management tool when the chance of loss is ______________ and the potential severity of loss __________________.
A) high, high
B) low, low
C) low, high
D) high, low
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: A captive insurance company:<br>A)only provides loss control
Q11: Provide a statement of the overall goal
Q13: Leasing is an example of risk assumption.
Q14: Assume you own an antique car. Your
Q18: In making your personal risk management decisions,
Q19: A production bottleneck could be best identified
Q20: Immediately after Hurricane Katrina,many risk managers did
Q33: The Big Boy Toy Company's best seller
Q42: If you were the risk manager of
Q50: To estimate potential property losses, risk managers