menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 15
  4. Exam
    Exam 10: Property and Motor Vehicle Insurance
  5. Question
    Which of the Following Refers to the Process of Establishing
Solved

Which of the Following Refers to the Process of Establishing

Question 13

Question 13

Multiple Choice

Which of the following refers to the process of establishing a monetary fund that can be used to cover the cost of a loss?


A) Risk reduction
B) Self-insurance
C) Risk creation
D) Risk avoidance
E) Risk shifting

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: Joan Stone owns a home in Edmond,Oklahoma.She

Q9: Property damage liability coverage would pay for

Q10: Which one of the following refers to

Q11: What do automobile insurance companies use GPS

Q12: The 100/300 amounts for bodily injury liability

Q14: Evan McWilliams accidentally collided with a car

Q15: Most insurance policies include deductibles,which are a

Q16: Approximately what percent of people who rent

Q17: Renter's insurance would include coverage for:<br>A)flood damage.<br>B)personal

Q18: Which one of the following insurance policy

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines