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changs resteraunt did not realize until after the loss had already ordured that they had not...

changs resteraunt did not realize until after the loss had already ordured that they had not purchased insurance. what kind of risk financing technique is this?

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Expert Solution

The financing technique used for the given incident is risk financing after the occurence of the incident this way the companies makes sure that no additionnal cost do occur to the company and also calcualte the premiums or cost benefit factor using net present value technique.

jeff jeffy answered 2 years ago
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