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1. Which of the following is not an example of risk retention?

self-insurance

hold-harmless agreements

failure to identify a risk

funded reserves

2. Risk transfer is best suited for a risk with

a high degree of diversification and a low potential for severity

a high expected frequency and a low potential severity

a high expected frequency and high potential severity

a low expected frequency and a high potential severity

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92279988

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