A firm that buys an insurance policy to protect itself against automobile accidents is practising
A) risk avoidance.
B) risk transfer.
C) risk acceptance.
D) risk control.
E) risk retention.
Correct Answer:
Verified
Q112: _ risks involve the possibility of gain
Q113: Risk control is
A) the practice of minimizing
Q114: Claremont Corp.wants to buy insurance to protect
Q115: Conserving the firm's earning power and assets
Q116: Which of the following represents the reason
Q118: Quick-X Corp.recently sent its delivery drivers to
Q119: Mary's company has decided to terminate its
Q120: Paying employee medical costs out of company
Q121: An insurable risk must satisfy all of
Q122: Credit terms of "2/10,net 30" mean that
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