Multiple Choice
Which of the following is not an example of risk retention?
A) self-insurance,
B) using a disclaimer of warranties clause on product packaging,
C) failure to identify a risk,
D) use of a reserve fund to prefund physical damage to company cars.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: The four basic techniques available for handling
Q13: Funded retention involves making various pre-loss arrangements
Q14: Which of the following is not a
Q15: Match the descriptions with their terms:<br>-The use
Q16: When an entity avoids a risk<br>A) the
Q18: Risk retention means the voluntary assumption of
Q19: Match the descriptions with their terms:<br>-Risks that
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