If the chance of loss is high and loss severity is high, generally the most appropriate risk ...

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If the chance of loss is high and loss severity is high, generally the most appropriate risk ...

If the chance of loss is high and loss severity is high, generally the most appropriate risk management tool is:
A) risk transfer
B) risk reduction
C) risk assumption
D) risk avoidance

Textbook

Introduction to Risk Management and Insurance

Edition: 10^th

Authors: Dorfman, Cather

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jameel

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keyone Author

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Makes sense to me now

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