_____ involves abstaining from any activity that will affect an individual financially.
A) Risk avoidance
B) Loss prevention
C) Loss control
D) Risk assumption
E) Premium collection

Question

Quizplus · Accepted Answer

Risk avoidance involves completely abstaining from any activity that poses a potential financial risk. This is the most extreme form of risk management and involves avoiding any situation or activity that could result in a financial loss.

_____ Involves Abstaining from Any Activity That Will Affect an Individual