Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Each of the risk control techniques of duplication, separation, and diversification Select one: Cause losses to be less predictable but more manageable. Decrease the

1. Each of the risk control techniques of duplication, separation, and diversification Select one:

Cause losses to be less predictable but more manageable.

Decrease the frequency of losses incurred by an organization.

Reduce the severity of loss associated with the organization's loss exposures.

Work in combination to transfer the organization's loss exposures

2. Ideally insurable loss exposures are subject to losses that Select one:

Are definite in time, cause, and location.

Result from unidentifiable causes.

Occur gradually over long periods of time.

Are immeasurable in terms of frequency or severity.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Estate Finance Theory And Practice

Authors: Terrence M. Clauretie, G. Stacy Sirmans

4th Edition

032414377X, 978-0324143775

More Books

Students also viewed these Finance questions