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Match the Descriptions with Their Terms

Question 24

Multiple Choice

Match the descriptions with their terms:
-A manufacturer transferring its product liability to the retailer of the product might do so through a/an _________________.


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:

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