When you purchase insurance, what are you doing? A. Retaining the risk of a loss. B. Transferring the risk of a loss. C. Avoiding the risk of a loss D. Reducing the risk of a loss.

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When you purchase insurance, you are: B. TRANSFERRING the risk of a loss.

workaholicmom|Points 1817|

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Asked 10/22/2010 3:40:41 PM

Updated 1/19/2014 5:46:32 PM

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This answer has been confirmed as correct and helpful.

Edited by Janet17 [1/19/2014 5:46:23 PM], Confirmed by Janet17 [1/19/2014 5:46:32 PM]

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