Insurance is a risk management technique involving…
A) Risk retention
B) Risk avoidance
C) Loss Control
D) Risk transfer
Correct Answer:
Verified
Q10: In static risk.............
A)Losses cannot be predicted
B)Losses can
Q11: Risk which can be measured using numerical
Q12: ………………is an example for personal risk
A)Business loss
B)Fire
Q13: Property damaged because of earthquake is…………risk
A)Risk for
Q14: Spreading of risk otherwise termed as……….
A)Shifting of
Q16: An escape from disability or death in
Q17: ………… is the process of reducing frequencies
Q18: Willingness to retain whole or part of
Q19: Annual maintenance contract for computers is …………
A)Risk
Q20: Which of the following is a method
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