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Q. |
When should a risk be avoided? |
A. | When the risk event has a low probability of occurrence and low impact |
B. | When the risk event is unacceptable -- generally one with a very high probability of Occurrence and high impact |
C. | When it can be transferred by purchasing insurance |
D. | A risk event can never be avoided |
Answer» B. When the risk event is unacceptable -- generally one with a very high probability of Occurrence and high impact |
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