Sally went downhill skiing on vacation. On the back of her lift ticket was printed an agreement that the skier would not hold the ski resort responsible for any injury incurred. From the ski resort's perspective, this is an example of

Sally went downhill skiing on vacation. On the back of her lift ticket was printed an agreement that the skier would not hold the ski resort responsible for any injury incurred. From the ski resort's perspective, this is an example of 



A. Insurance.
B. Noninsurance transfer.
C. Retention.
D. Loss reduction.


Answer: B. This is an example of noninsurance transfer.

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