Risk may be dealt with in a number of ways including transferring it to others or retaining it intentionally. Which one (1) of the following alternatives is a transfer of risk? OA) A monitored security system. OB) Self-insurance. OC) An agreement of purchase and sale. OD) Purchase of insurance.
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- Which of these types of risks increases in strong correlation with a rise in interest rates? Credit Risk Operational Risk Off-Balance Sheet RiskInsurance is a way to decrease the financial risk from unexpected events, like an illness, car accident, fire, or injury. However, premiums must be paid for insurance coverage. What are some of the ways that a recent high school graduate can decrease the premiums they pay for insurance?a life insurance policy that provides protection for insured's whole life with level premium for a limited number of years Universal life Variable life Limited pay life Adjustable life FOCUS
- VSFS Software Solutions Inc. is aware that its newly launched app is prone to certain risks and creates a contingency plan to counter the risk. Which generic risk strategy is the company adopting in this scenario? A. Passive acceptance B. Active acceptance C. Avoidance D. TransferRisk perception is the assessment of the amount of risk an organization is willing to accept for a particular information asset, typically part of the risk appetite. True of FalseI need help explaining South Carolina state’s insurance for residents. VS other states
- The difference between expected payoff under certainty and expected payoff under risk is the expected: O A. value of perfect information OB. rate of return OC. monetary value D.net present value O E. profitUsing the basic risk management matrix, explain the following: a. When would you buy insurance? b. When would you avoid the risk? c. When would you retain the risk? d. When would you use loss control?What is the main reason lenders pay borrowers' property taxes through a pre-paid escrow account? It prevents a tax lien from being applied to the home. The tax lien would be senior to the mortgage lien. It prevents the borrower from refinancing with another lender because they would lose all of their escrow funds. It allows the lender to earn interest on the pre- paid tax money as itsits in the account. It allows the lender to take advantage of corporate tax deductions.