Sharing is a method of handling risk. Which of the following phrases best describes the concept of sharing?

Sharing is a method of handling risk. Which of the following phrases best describes the concept of sharing?




A) Purchasing insurance.

B) Increasing a deductible to share the loss with the insurance company.

C) Signing a hold harmless agreement to share the liability.

D) Buying a car with a friend to share the risk.



Answer: A

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