Discount Department Stores is a national retail chain. The company had one large, central warehouse
At the suggestion of the risk manager, the company decided to build four smaller regional warehouses so that a loss at the central warehouse would not be a catastrophic blow to the company's distribution system. Splitting the inventory between four regional warehouses illustrates which risk management technique?
A) duplication
B) risk transfer
C) separation
D) risk avoidance
Answer: C
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Indicate whether the statement is true or false
When comparing condominiums and rented apartments, which of the following would be true:
A: The person who occupies each unit would have an estate in real property; B: The occupier has a fee estate; C: The local tax assessor must assess each unit of the subdivision separately; D: None of the above.