Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Insurance
New Topic  
AzJose AzJose
wrote...
Go to Answer
Posts: 679
Rep: 0 0
6 years ago
MLX Drug Company would like to market a new hypertension drug. While the Food and Drug Administration (FDA) was testing the drug, it discovered that the drug produced a harmful side effect. When MLX learned of the FDA's test result, MLX abandoned its plan to produce and distribute the drug. MLX's reaction illustrates
A) risk avoidance.
B) hedging.
C) risk transfer.
D) risk retention.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
Read 110 times
1 Reply
Replies
Answer verified by a subject expert
ownzore3ownzore3
wrote...
#1
Top Poster
Posts: 554
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

AzJose Author
wrote...

6 years ago
Good timing, thanks!
prime7105
wrote...

Yesterday
Thank you, thank you, thank you!
hmonier
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  941 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 408
  
 250
  
 204
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: Which of the following is the best resource to supplement your studies: