Match the descriptions with their terms:
-The use of a deductible is a very common example of _____________ by a firm.
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
Correct Answer:
Verified
Q18: Match the descriptions with their terms:
-Efforts to
Q19: Match the descriptions with their terms:
-A significant
Q20: Match the descriptions with their terms:
-Risks that
Q21: Match the descriptions with their terms:
-_ describes
Q22: Match the descriptions with their terms:
-A sprinkler
Q24: Match the descriptions with their terms:
-A manufacturer
Q25: Match the descriptions with their terms:
-The use
Q26: Match the descriptions with their terms:
-One who
Q27: Match the descriptions with their terms:
-Distributing inventory
Q28: Match the descriptions with their terms:
-Installing a
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