Which risk management method example is this? Benson Pharmaceutical - ProProfs Discuss
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Which risk management method example is this? Benson Pharmaceutical Company decides not to manufacture a new drug after determining that it has serious potential side effects.

This question is part of Property and Casualty Insurance License quiz
Asked by Fsspc, Last updated: Feb 19, 2020

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2 Answers

Nigora Saidova

Nigora Saidova

Answered Apr 30, 2019

It's avoidance, because pharmaceiutical company already know that the drug is a potential legal liability

 

fsspc

Fsspc

Answered Oct 02, 2018

Avoidance

C is correct. By not producing the drug, Benson avoids the risk of being sued by consumers who are injured by the drug.
 

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