Laura Evans is risk manager of LMN Company. Laura decided to retain certain property loss exposures. Which of the following is a method that Laura can use to fund the retained property losses?
A) current net income
B) private insurance
C) noninsurance transfer
D) high deductibles
Answer: A
You might also like to view...
The idea of a mutual fund is based on the idea of pooled diversification.
Answer the following statement true (T) or false (F)
Which of the following statements about blockchain is not true?
A. A blockchain system is composed of a distributed network of computers. B. A blockchain system is inherently centralized. C. A blockchain system is a transaction processing system. D. Cryptocurrencies are based on blockchain technology.
The objective in the last phase of the supply chain design and facility location process is to ______.
a. consider the availability of the necessary infrastructure b. determine the number of facilities needed for the supply chain c. come up with a final supply chain design that will maximize the profits for the company d. determine the role each facility would play in meeting the market requirements
The definition of "goods" in the UCC may include timber, minerals, growing crops, or a building
a. True b. False Indicate whether the statement is true or false