The promisee is the contracting party who agrees to confer performance for the benefit of the third person

Indicate whether the statement is true or false

FALSE

Business

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Beth and Talli's California neighborhood was ravaged by wildfires last summer. As a result, they installed a sprinkler system in their home to minimize damage in the event of a fire. This method of dealing with risk is called

A) risk transference B) risk reduction C) risk avoidance D) risk retention"

Business

The unique value an individual places on a particular outcome is called:

Business