This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Abandoning an existing loss exposure is an example of A) avoidance. B) retention. C) ... (Read 163 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
on: Jul 11, 2018
Abandoning an existing loss exposure is an example of
 
  A) avoidance.
  B) retention.
  C) noninsurance transfer.
  D) insurance transfer.

Question 2

The worst loss that could ever happen to a firm is referred to as the
 
  A) maximum possible loss.
  B) probable maximum loss.
  C) frequency of loss.
  D) severity of loss.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: A


lidoalex

  • Member
  • Posts: 538
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

(A) Normal spongy bone. (B) Spongy bone with osteoporosis, which is characterized by a loss of bone (A) Normal spongy bone. (B) Spongy bone with osteoporosis, which is characterized by a loss of bone
Young adults usually grieve loss of a role, such as employment or the breakup of a relationship. Young adults usually grieve loss of a role, such as employment or the breakup of a relationship.
Virtual reality exposure therapy Virtual reality exposure therapy
Potential Consequences of Estrogen Loss Related to Menopause Potential Consequences of Estrogen Loss Related to Menopause
Adding Volume to Your Meals Aids Weight Loss Adding Volume to Your Meals Aids Weight Loss
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Video: Reflex arc construction

For a complete list of videos, visit our video library