Question and answer
When you purchase insurance, what are you doing? A. Retaining the risk of a loss. B. Transferring the risk of a loss. C. Reducing the risk of a loss. D. Avoiding the risk of a loss
When you purchase insurance, you are Transferring the risk of a loss.
workaholicmom|Points 2486|
Question
Asked 11/20/2010 11:29:46 AM
Updated 9/1/2014 7:56:47 AM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [9/1/2014 7:56:45 AM], Confirmed by jeifunk [9/1/2014 7:56:47 AM]
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1. Define Lessor.
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1 Answer/Comment
Lessor is a participant of the leasing contract, who takes possession of the property and provides it as a leasing subject to the lessee for temporary possession.
Added 6/16/2014 3:58:49 AM
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Confirmed by selymi [6/16/2014 5:32:03 AM]
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