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Speed Trucking has decided to purchase insurance for its fleet of vehicles but has used a lender to finance the hefty insurance premium. Speedy Trucking's
Speed Trucking has decided to purchase insurance for its fleet of vehicles but has used a lender to finance the hefty insurance premium. Speedy Trucking's decision to purchase insurance is a strategy commonly referred to as:
Risk avoidance
Risk financing
Risk transfer
Risk prevention
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