Answer to Question #109623 in Management for Tonny Twum

Question

FILL-IN-THE BLANK Risk pooling creates a large sample of risk exposure, so that the possibility of missing future loss prediction gets lower. The is law of large numbers. Risk ------ from the owner of the risk (insured) to a third party ( insure), physically reduces the risk, both in number and in the anxiety it causes.

Answer 1

shared