A Special Form of Planned Retention by Which Part or All

question 41

Multiple Choice

A special form of planned retention by which part or all of a give loss exposure is retained by the firm is called

• A)hedging.
• B)self-insurance.
• C)passive retention.
• D)noninsurance transfer.

---

Definitions:

Type 2 Diabetes Mellitus

A chronic condition characterized by high blood sugar levels due to the body's inability to effectively use insulin.

Treatment Plan

A comprehensive outline devised by healthcare professionals detailing all aspects of therapy to be given to a patient, including drugs, procedures, and other treatments.

Client Cooperation

In a healthcare or service delivery context, it refers to the willingness and active participation of clients or patients in their treatment plans and interactions with service providers.

Implementation Phase

The stage in a project or plan where strategies are executed and actions are taken to achieve the set objectives.