All of the following are disadvantages of noninsurance transfers EXCEPT
A)The party to whom the potential loss is transferred may be unable to pay.
B)The transfer may fail because the contract language is ambiguous.
C)The only potential losses that can be transferred are those that are not commercially insurable.
D)The noninsurance transfer may be costly.

Question

Quizplus · Accepted Answer

The Answer is C

All of the Following Are Disadvantages of Noninsurance Transfers EXCEPT