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An investment advisory firm purchased professional liability insurance to offer protection from lawsuits brought by...

IIA IIA-CIA-Part1 Full Course Access
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An investment advisory firm purchased professional liability insurance to offer protection from lawsuits brought by customers claiming they received poor or erroneous advice. Which of the following best describes this risk management technique?

A.

Mitigation.

B.

Acceptance

C.

Transfer.

D.

Avoidance

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