Match the Term with Its Definition

question 57

Multiple Choice

Match the term with its definition.
-Buying insurance or making contractual arrangements that transfer risk to others

• A)personal property
• B)proximate cause
• C)real property
• D)risk control
• E)risk financing
• F)risk management
• G)risk retention
• H)risk transfer
• I)self-insurance
• J)torts

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Definitions:

Capital Contribution

Any addition of capital to a company either in cash or in kind by its owners or shareholders to increase its base capital.

Voting Rights

The rights of shareholders to vote on key company decisions, often exercised during annual general meetings or via proxy voting.

Joint Operation

A joint arrangement whereby the parties that have joint control of the arrangement have rights to the assets, and obligations for the liabilities, relating to the arrangement.