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(Solved): Risk-retention refers to the decision to accept the uncertainty associated with particular risk expo ...



Risk-retention refers to the decision to accept the uncertainty associated with particular risk exposure. The development and selection of alternative risk management methods involve a fundamental trade-off between the benefits of retention and the increased costs from greater risk. List and discuss three (3) advantages of increased risk retention.



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Three of the advantages associated with increased risk retention are- A. Increase in the retained profit because of the increased risk retention as increase in the risk r
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