Multiple Choice
Match the descriptions with their terms:
-A common method of handling a speculative risk is through the process called _________________.
A) frequency reduction
B) hedging
C) hold-harmless agreement
D) loss control
E) risk avoidance
F) risk retention
G) risk transfer
H) self-insurance
I) separation
J) severity reduction
K) speculator
L) unplanned retention
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Match the descriptions with their terms:<br>-A significant
Q21: Once a risk has been transferred through
Q22: Match the descriptions with their terms:<br>-_ describes
Q23: Match the descriptions with their terms:<br>-Distributing inventory
Q24: Match the descriptions with their terms:<br>-A manufacturer
Q26: Self-insurance differs from the establishment of a
Q27: Which of the following does not have
Q28: A non-insurance transfer of risk is<br>A) the
Q29: One example of risk avoidance is to
Q30: Loss control may take the form of