Insurance is not a good option for managing risk when
A) the probability of loss is very small and the expected loss is small.
B) the benefits outweigh the costs.
C) you want to protect your existing and future net worth.
D) there is a likelihood that an event will cause a large financial loss.
Answer: A
Business
You might also like to view...
Which of the following prohibits general solicitation of buyers??
A) ?Regulation A+ offerings B) ?IPOs C) ?Crowd-funding offerings D) ?None of the above
Business
The maximum cost recovery method for all personal property under MACRS is 150% declining balance
a. True b. False Indicate whether the statement is true or false
Business