Which of the Following Statements About a Personal Risk Management

question 57

Multiple Choice

Which of the following statements about a personal risk management program is (are) true?
I.Insurance and retention are the only techniques used to handle potential losses.
II.The steps in a personal risk management process are the same steps used by businesses.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

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The historical development of a species, trait, or behavior from its ancestors, explained through the process of natural selection and genetic variation.

Evolutionary Psychology

A theoretical approach in psychology that explains human behavior and mental processes through the lens of natural selection and adaptation.

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Individuals who evaluate or analyze the merits and faults of artistic, literary, or intellectual works or performances.

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The scientific study of the biological aspects of social behavior in animals and humans, focusing on how behavior is influenced by genetic, evolutionary, and ecological factors.