1. Risk financing refers to a technique which ensures that funds will be available to reduce or avoid losses when they occur. True or False? Explain and give an example.
1. Risk financing refers to a technique which ensures that funds will be available to reduce or avoid losses when they occur. True or False? Explain and give an example. 2. Subrogation will be applying if insured losses are caused by the third party? True or False? Explain and give an example. 3. In third …