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      Question

      Identify the risk management technique employed by an

      individual when they purchase the insurance.
      A Risk-Avoidance Correct Answer Incorrect Answer
      B Risk-Retention Correct Answer Incorrect Answer
      C Risk-Transfer Correct Answer Incorrect Answer
      D Risk-Mitigation Correct Answer Incorrect Answer
      E Risk-Acceptance Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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