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.
When you purchase insurance, you are transferring the risk of a loss.
workaholicmom|Points 3012|
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Asked 12/12/2010 2:00:18 PM
Updated 6/26/2014 3:03:04 PM
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