QuestionAugust 17, 2025

Fill in the Blank Question Deciding not to buy collision insurance on your car is risk square C Need help? Review these concept resources. (1) Read About the Concept

Fill in the Blank Question Deciding not to buy collision insurance on your car is risk square C Need help? Review these concept resources. (1) Read About the Concept
Fill in the Blank Question
Deciding not to buy collision insurance on your car is risk square 
C Need help? Review these concept resources.
(1) Read About the Concept

Solution
3.7(249 votes)

Answer

retention Explanation 1. Identify the Type of Risk Deciding not to buy collision insurance on your car is an example of risk retention. This means you are choosing to accept the financial responsibility for any potential loss.

Explanation

1. Identify the Type of Risk<br /> Deciding not to buy collision insurance on your car is an example of risk retention. This means you are choosing to accept the financial responsibility for any potential loss.
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