Author Question: All of the following are potential advantages of retention EXCEPT A) lower expenses. B) ... (Read 93 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
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

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library