If You Want to Ski in Spite of the Hazards

question 38

Multiple Choice

If you want to ski in spite of the hazards involved, you can take instruction to improve your skills and reduce the likelihood of you falling down a hill or crashing into a tree.This is an example of:

• A)loss reduction, which reduces the probability of loss.
• B)loss prevention, which reduces the severity of loss.
• C)loss reduction, which reduces the severity of loss.
• D)loss reduction, which reduces the frequency of loss.
• E)loss prevention, which reduces the probability of loss.

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Definitions:

Immigrant

A person who moves to a country other than their own for the purpose of permanent residence.

Void

Describes a contract or legal agreement that has no legal force or effect and is unenforceable.

Mistake

An error about some aspect of a contract that destroys consensus.

Contract

An agreement between two or more parties that is legally binding and creates reciprocal obligations that can be enforced by law.