Question: What does risk transfer mean? Select one: a . Measures designed to reduce the probability that a loss will occur b . Transfer of losses
What does risk transfer mean?
Select one:
a Measures designed to reduce the probability that a loss will occur
b Transfer of losses of an entity to another subsidiary
c A loss control measure designed to reduce the severity of loss occurrences
d None of the above
e The shifting of hazards of exposure to another entity to manage
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