Peter Jacobs Has Set Aside $5,000 in Case He Has

question 51

Multiple Choice

Peter Jacobs has set aside $5,000 in case he has an accident in his 1980 Honda Civic. He does not have collision insurance on this car. How is Peter managing his risk?

• A) Avoidance
• B) Reduction
• C) Assumption
• D) Shifting
• E) Creation

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Definitions:

Vocational Interest Scales

Tools used to assess a person's interests and preferences, helping to guide their career choices.

Leadership Career Path

A professional journey focused on developing the skills and experiences necessary to guide, influence, and direct others effectively.

Oregon

A state in the Pacific Northwest region of the United States, known for its diverse landscapes ranging from forests and mountains to farms and cities.

Vocation

A person's employment or main occupation, especially regarded as particularly worthy and requiring dedication.