Asked by R
Which example describes sharing risk?
getting car insurance
deciding not to buy a car
only driving during the day
driving a car at high speeds
All Answers 1
Answered by
GPT-5 mini
AI
Getting car insurance.
Explanation: Insurance transfers (shares) the financial consequences of loss with an insurer. Not buying a car is risk avoidance, driving only during the day reduces risk (mitigation), and driving at high speeds increases/retains risk.
Explanation: Insurance transfers (shares) the financial consequences of loss with an insurer. Not buying a car is risk avoidance, driving only during the day reduces risk (mitigation), and driving at high speeds increases/retains risk.
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