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Author Question: All of the following are potential advantages of retention EXCEPT A) lower expenses. B) ... (Read 85 times)

lindiwe

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

Answer: D

Answer to Question 2

Answer: D


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