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Author Question: Which of the following types of loss exposures are best handled by the use of avoidance? A) ... (Read 58 times)

iveyjurea

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on: Jul 11, 2018
Which of the following types of loss exposures are best handled by the use of avoidance?
 
  A) low-frequency, low-severity loss exposures
  B) low-frequency, high-severity loss exposures
  C) high-frequency, low-severity loss exposures
  D) high-frequency, high-severity loss exposures

Question 2

Which of the following types of loss exposures may be appropriately handled through the purchase of insurance?I. High-frequency, low-severity loss exposures II. Low-frequency, high-severity loss exposures
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


BAOCHAU2803

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: B


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