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JamesLu JamesLu
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6 years ago
All of the following are disadvantages of using insurance in a risk management program EXCEPT
A) There is an opportunity cost because premiums must be paid in advance.
B) Considerable time and effort must be spent selecting and negotiating coverages.
C) It results in considerable fluctuations in earnings after losses occur.
D) Attitudes toward loss control may become lax when losses are insured.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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JamesLu Author
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6 years ago
Thanks
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Yesterday
Thanks for your help!!
lubennick
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2 hours ago
Just got PERFECT on my quiz
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