Final answer:
Restaurants with refrigerated cases and fryers can transfer risk by purchasing business insurance. Business insurance helps protect restaurants from financial losses due to property damage, liability claims, or other unforeseen risks.
Step-by-step explanation:
Restaurants with refrigerated cases and fryers can transfer risk by purchasing business insurance. Business insurance helps protect restaurants from financial losses due to property damage, liability claims, or other unforeseen risks. By transferring the risk to an insurance company, the restaurant can have peace of mind knowing that they are covered in case of any accidents, damages, or lawsuits.
For example, if a refrigerated case malfunctions and spoils a large amount of food, the restaurant might experience significant financial losses. However, if the restaurant has business insurance that covers such incidents, they can file a claim and potentially receive compensation for the spoiled food and any related expenses.
By purchasing business insurance, restaurants can mitigate the financial impact of unforeseen events and transfer the risk to an insurance provider.