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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 Assumption Is the Best Risk Management Tool When the Change
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Risk Assumption Is the Best Risk Management Tool When the Change

Question 39

Question 39

Multiple Choice

Risk assumption 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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