Self-insurance requires designating part of a firm's insurance proceeds to provide life insurance on key employees.
Correct Answer:
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Q11: Market risk is the possibility of losses
Q12: Real property risks include damage to buildings.
Q13: Risk is the "possibility of suffering harm
Q14: Self-insurance simply means having no insurance.
Q15: Crisis planning is a form of risk
Q17: The nature of business risk can be
Q18: Because the small business owner needs to
Q19: A lease on a real property structure
Q20: A consulting firm that typically does not
Q21: One risk that small businesses normally cover
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