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Peter Jacobs Has Set Aside $5,000 in Case He Has

Question 102

Multiple Choice

Peter Jacobs has set aside $5,000 in case he has an accident in his 1980 Honda Civic.He does not have collision insurance on this car.How is Peter managing his risk?


A) avoidance
B) reduction
C) assumption
D) shifting
E) creation

Correct Answer:

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