All of the Following Are Disadvantages of Noninsurance Transfers EXCEPT

question 27

Multiple Choice

All of the following are disadvantages of noninsurance transfers EXCEPT

• A)The party to whom the potential loss is transferred may be unable to pay.
• B)The transfer may fail because the contract language is ambiguous.
• C)The only potential losses that can be transferred are those that are not commercially insurable.
• D)The noninsurance transfer may be costly.