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    Risk Management and Insurance Study Set 1
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    Exam 4: Risk-Handling Techniques: Loss Control, Risk Transfer, and Loss Financing
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    Risk Avoidance Is the Best Risk Management Tool When the Change
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Risk Avoidance Is the Best Risk Management Tool When the Change

Question 22

Question 22

Multiple Choice

Risk avoidance is the best risk management tool when the change of loss is ________ and the potential severity of loss is ________.


A) low, low
B) high, high
C) low, high
D) high, low

Correct Answer:

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