Which of the following is the most suitable response for risks that involve high loss severity and

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Which of the following is the most suitable response for risks that involve high loss severity and low loss frequency?

A. Risk avoidance.

B. Risk diversification.

C. Risk reduction.

D. Risk transfer.

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Related Book For  book-img-for-question

Essentials Of Personal Financial Planning

ISBN: 9781945498237

1st Edition

Authors: Susan M. Tillery, Thomas N. Tillery

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