A firm that buys an insurance policy to protect itself against automobile wrecks is practising
risk avoidance.
risk transfer.
risk acceptance.
risk control.
risk retention.

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The Answer of A firm that buys an insurance policy to protect itself against automobile wrecks is practising
risk avoidance.
risk transfer.
risk acceptance.
risk control.
risk retention.

A Firm That Buys an Insurance Policy to Protect Itself