Abandoning an Existing Loss Exposure Is an Example of

question 39

Multiple Choice

Abandoning an existing loss exposure is an example of

• A)avoidance.
• B)retention.
• C)noninsurance transfer.
• D)insurance transfer.

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Definitions:

Saturated Fats

Saturated fats are a type of dietary fat found in animal products and some tropical oils, which are solid at room temperature and can influence cholesterol levels.

Coconut

A tropical fruit with a hard shell, edible white flesh, and a clear liquid inside, known for its nutritional and culinary uses.

Inorganic Substances

Chemical compounds that do not include carbon-hydrogen bonds, often minerals or substances not derived from living organisms.

Minerals

Natural, inorganic substances with a definite chemical composition and crystal structure, crucial for human health and used in various industrial processes.