Personal Risk Management

Personal Risk Management

10th Grade

24 Qs

quiz-placeholder

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Personal Risk Management

Personal Risk Management

Assessment

Quiz

Other

10th Grade

Practice Problem

Medium

Created by

Carmen Fife

Used 3+ times

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blanks. Risk is the potential of ______ something of value.

losing

gaining

ignoring

creating

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blanks. Safety risk is a hazard which has a potential ______ of harm or adverse health effect on a person or persons.

risk

benefit

chance

certainty

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a way to manage risk?

Risk avoidance

Risk transfer

Risk reduction

Risk increase

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does risk retention involve?

Transferring the risk to a third-party entity

Accepting the risk

Sharing the risk with a group

Eliminating the risk

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Insurance is a social device providing financial compensation for the effects of _______.

misfortune

wealth

success

happiness

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In many states, drivers are required by law to have basic auto insurance that covers ________.

liability for injuries and damages to others

theft of personal belongings inside the car

routine maintenance and repairs

fuel costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does uninsured motorist protection cover?

Costs if an individual is involved in a car accident with an uninsured driver

Damage to the policy holder’s car in an accident

Physical damage as a result of a non-collision incident

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