Question: a. Explain the meaning of risk control. b. Explain the following risk-control techniques. 1. Avoidance 2. Loss prevention 3. Loss reduction

a. Explain the meaning of risk control.
b. Explain the following risk-control techniques.
1. Avoidance
2. Loss prevention
3. Loss reduction

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a Risk control refers to techniques that reduce the frequency and severity of accidental losses Spec... View full answer

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