Question: Label the situations below by adding the risk management method that is most appropriate. (& why?) These methods are: risk avoidance, risk reduction, risk assumption,

Label the situations below by adding the risk management method that is most appropriate. (& why?) These methods are: risk avoidance, risk reduction, risk assumption, and risk shifting. a. Going kayaking at night in a thunderstorm b. Used car lot/repo business c. Riding a bike d. Driving a $500 car e. Driving a $12,000 SUV.

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