Buying an alarm system as an option on your new sports car is an example of
A)risk avoidance.
B)loss control.
C)transferring risk.
D)risk retention.

Name: Buying an alarm system as an option on your new sports car is an example of A)risk avoidance. B)loss control. C)transferring risk. D)risk retention.
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Question

Quizplus · Accepted Answer

Buying an alarm system is a form of loss control as it is intended to reduce the likelihood or impact of theft or damage to the car.

Buying an Alarm System as an Option on Your New