Question: Ryan decided to review his personal risk management program. His car is 1 0 years old, and he would receive little from his insurer if

Ryan decided to review his personal risk management program. His car is

10

years old, and he would receive little from his insurer if the car were damaged or stolen.Ryan decided to drop the physical damage insurance on the car. From a risk management perspective, dropping the physical damage insurance on the car is best described as

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