Match the Descriptions with Their Terms

Match the descriptions with their terms:
-_________________ describes the situation in which a risk is not transferred primarily because of ignorance regarding the potential severity and/or frequency of the loss.

A) frequency reduction
B) hedging
C) hold-harmless agreement
D) loss control
E) risk avoidance
F) risk retention
G) risk transfer
H) self-insurance
I) separation
J) severity reduction
K) speculator
L) unplanned retention