Question

With Financial

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Which example describes sharing risk?
getting car insurance
deciding not to buy a car
only driving during the day
driving a car at high speeds

Answer 1

Getting car insurance is an example of sharing risk.

Step-by-step explanation:

An example that describes sharing risk is getting car insurance. When you get car insurance, you are transferring the risk of any potential accidents or damages to the insurance company. If an accident occurs, the insurance company will cover the costs, reducing the financial burden on the car owner.

Learn more about Sharing risk through car insurance