Author Question: All of the following are potential advantages of retention EXCEPT A) lower expenses. B) ... (Read 84 times)

lindiwe

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All of the following are potential advantages of retention EXCEPT
 
  A) lower expenses.
  B) increased cash flow.
  C) encouragement of loss prevention.
  D) protection from catastrophic losses.

Question 2

All of the following statements about avoidance are true EXCEPT
 
  A) Certain loss exposures are never acquired.
  B) Certain loss exposures may be abandoned.
  C) The chance of loss for certain loss exposures may be reduced to zero.
  D) It can be used for any loss exposure facing a firm.



strudel15

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Answer to Question 1

Answer: D

Answer to Question 2

Answer: D



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