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Which of the following risk strategies is represented by the purchase of insurance?

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(@castilogonzalo)
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Which of the following risk strategies is represented by the purchase of insurance?

  • A . Mitigate
    B. Accept
    C. Transfer
    D. Avoid

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Suggested Answer: C

Explanation:

“Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on”
 
Posted : 08/02/2023 6:46 am

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