Match the descriptions with their terms:
-The use of insurance is a common form of _________________.
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
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
Q23: Match the descriptions with their terms:
-The use
Q24: Match the descriptions with their terms:
-A manufacturer
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
Q29: When an entity avoids a risk
A) the
Q30: Which of the following statements is true?
A)
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