Author Question: Williams Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new ... (Read 312 times)

sabina

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Williams Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility. These devices are all examples of
 
  A) risk control.
  B) noninsurance transfer.
  C) risk avoidance.
  D) risk retention.

Question 2

Cathy's car hit a patch of ice on the road. The car skidded off the road and hit a tree. The presence of ice on the road is best described as a(n)
 
  A) peril.
  B) subjective risk.
  C) physical hazard.
  D) indirect loss.



ecox1012

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Answer to Question 1

Answer: A

Answer to Question 2

Answer: C



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