AutoPROs Recalled Thousands of Tires When Several People Died in Traffic

question 50

Multiple Choice

AutoPROs recalled thousands of tires when several people died in traffic accidents blamed on faulty tires. This is an example of which of the following?

• A) avoiding the risk
• B) self-insuring against the risk
• C) reducing the risk
• D) a loss-prevention program

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Definitions:

Direct Assistance

Support or aid provided directly to individuals, organizations, or countries, often in the form of resources, financing, or services.

Tax Breaks

Financial incentives or discounts in taxation provided by the government to encourage certain activities or investments.

Tariffs

Taxes imposed on imported goods aimed at making them more expensive than similar locally-produced goods to protect domestic industries from foreign competition.

Consumers

People or collectives who buy products and services for their own consumption.