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The three most commonly used methods for loss control are: Risk retention, risk avoidance and risk transfer. Self-insurance, diversification and risk transfer. Frequency reduction, severity
The three most commonly used methods for loss control are:
Risk retention, risk avoidance and risk transfer. | ||
Self-insurance, diversification and risk transfer. | ||
Frequency reduction, severity reduction and diversification. | ||
Insurance transfer, severity reduction and diversification. | ||
None of the above. |
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