Which risk-manager technique does self-insurance satisfy

Risk reduction

Risk Assumption

Risk avoidance

Shifty

The major types of business risk include all of the following except

Price risk

diversification risk

Pure risk

credit risk

which of the following is not an example of a direct loss from pure risk?

loss of profit

damage to assets

cost of paying and defending liability claims

Employee Turn over

======risk is defined as the relative variation of actual loss from expected loss

Subjective risk

pure loss

objective loss

expected loss

Individuals whose mortality experience is expected to be better than average

Preferred risk

risk control;

rider

particular risk