_____ involves abstaining from any activity that will affect an individual financially.
a. premium collection
b. loss prevention
c. risk assumption
d. loss control
e.risk avoidance

Question

25-07-2022
Business

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_____ involves abstaining from any activity that will affect an individual financially.
a. premium collection
b. loss prevention
c. risk assumption
d. loss control
e.risk avoidance

Respuesta :

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-08-06T20:26:44+02:00

The risk assumption involves abstaining from any activity that will affect an individual financially. Assumption of risk is a tort law defence, specifically an affirmative defence, that bars or limits a plaintiff's right to recover against a negligent tortfeasor.

If the defendant can demonstrate that the plaintiff voluntarily and knowingly assumed the risks at issue inherent in the dangerous activity in which the plaintiff was participating at the time of their injury. A person who understands and recognizes the danger inherent in a particular activity cannot recover the damages in the event of injury under the assumption of risk doctrine.

To learn more about assumption, click here.

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_____ involves abstaining from any activity that will affect an individual financially. a. premium collection b. loss prevention c. risk assumption d. loss control e.risk avoidance

Respuesta :

Otras preguntas

_____ involves abstaining from any activity that will affect an individual financially.
a. premium collection
b. loss prevention
c. risk assumption
d. loss control
e.risk avoidance