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You purchase fire insurance
a. Reduction
b. Transfer

User Kenlukas
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1 Answer

1 vote

Answer:

Transfer

Step-by-step explanation:

Risk transfer is a risk management and control strategy that involves the contractual shifting of a pure risk from one party to another. One example is the purchase of an insurance policy, by which a specified risk of loss is passed from the policyholder to the insurer

User Oleksandr Yefremov
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