UNIT $4-$ CHALLENGE $4\mathrm{.}1$: Financial Resources and

Which of the following is an example of risk transfer?

a$.)$ Bruce and Linda purchase an insurance policy so that the risk associated with a fire would be assumed by a third party.

b$.)$ Bruce and Linda evaluate the potential losses they could incur and take precautionary actions to reduce the risk involved.

c$.)$ Bruce and Linda take on a new business venture even though they could lose some of their current business relationships.

d$.)$ Bruce and Linda stop any and all practices that are risky enough to result in a loss to the business.

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Dennert an lecus with this gusestion

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