Which of the following is not a form of severity reduction for a firm?
A) a driver's education program aimed at preventing accidents among a company's employees,
B) the installation of fire extinguishers in order to contain a fire before it spreads,
C) employee training in first-aid procedures,
D) the installation of driver's side air bags in all of the company's vehicles.
Correct Answer:
Verified
Q32: The three most commonly used methods of
Q33: Self-insurance differs from the establishment of a
Q34: The following conditions are suggestive of the
Q35: Hedging is
A) insurance,
B) used for speculative risks,
C)
Q36: Risk transfer is most likely ideal for
Q37: A non-insurance transfer of risk is
A) the
Q38: A tool that generally is not used
Q39: A non-insurance transfer of risk is
A) avoiding
Q40: Which of the following does not have
Q42: Which of the following is not an
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