Match the term with its definition.
-Minimizing potential losses by preventing, avoiding, and/or reducing risk
A) personal property
B) proximate cause
C) real property
D) risk control
E) risk financing
F) risk management
G) risk retention
H) risk transfer
I) self-insurance
J) torts
Correct Answer:
Verified
Q103: Match the term with its definition.
-Laws that
Q104: Match the term with its definition.
-Any property
Q105: Match the term with its definition.
-Compensatory damages
Q106: Match the term with its definition.
-The unauthorized
Q107: Match the term with its definition.
-Ways of
Q109: Match the term with its definition.
-Making funds
Q110: Match the term with its definition.
-Risks that
Q111: Match the term with its definition.
-The uncertainty
Q112: Match the term with its definition.
-Buying insurance
Q113: Match the term with its definition.
-Wrongful acts
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