When faced with a risk of loss that is low frequency-high severity in nature, a prudent risk manager would choose which of the following methods for handling the loss exposure?

Which of the following is NOT one of the main elements of a typical business plan?

A) product overview B) market overview C) business overview D) promotions overview E) financial overview

The term "professional liability insurance" is also known as "errors and omissions" insurance

Indicate whether the statement is true or false