All of the following are disadvantages of using insurance EXCEPT – McqOptions

MCQOPTIONS

1.	All of the following are disadvantages of using insurance EXCEPT
A.	There is an opportunity cost because premiums must be paid in advance.
B.	Considerable time and effort must be spent selecting and negotiating coverages.
C.	It results in considerable fluctuations in earnings after a loss occurs.
D.	Attitudes toward loss control may become lax.
Answer» D. Attitudes toward loss control may become lax.

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