Avoidance is a risk-control technique that can be used effectively in a risk management program. a. What
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a. What is the major advantage of using the technique of avoidance in a risk management program?
b. Is it possible or practical for a firm to avoid all potential losses? Explain your answer.
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a The major advantage of avoidance is that the chance of loss ...View the full answer
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Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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