Exam (elaborations)
RIBO: ENTRY LEVEL 1 TOP EXAM QUESTIONS &ANSWERS 2024
- Course
- Institution
Risk - Chance of a loss Which type of risk is insured and why? - Pure risk, because speculative risk is comparable to gambling. 3 Ways risk (management) is dealt with? - REDUCE: preventative measures ASSUME/RETAIN: Self-insure TRANSFER: purchase insurance Which of the following is not a ris...
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