Multiple Choice
The four basic techniques available for handling risk are:
A) risk avoidance, loss control, risk retention, and risk transfer,
B) risk avoidance, diversification, frequency reduction, and severity reduction,
C) risk retention, risk transfer, self-insurance, and loss control,
D) risk retention, loss control, self-insurance, and diversification.
Correct Answer:

Verified
Correct Answer:
Verified
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Q10: Risk retention can be planned or unplanned.
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