Multiple Choice
.Which of the following risk management techniques is the purchase of insurance a common form of?
A) Risk retention
B) Risk transfer
C) Risk assumption
D) Risk avoidance
E) Loss control
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q41: The underwriting function is designed to be
Q51: Mary Lou died from a heart attack.Her
Q72: Universal life insurance is often suitable for
Q97: Group life insurance is often provided as
Q111: The need for additional life insurance can
Q135: Spreading risk among a large number of
Q139: _ is not a type of term
Q143: Choose the word or phrase in [
Q144: The basic purpose of insurance is to
Q146: Choose the word or phrase in [