PythonCodeManGuy
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What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?

It shows that the owner expects financial risk and is eliminating it by making an insurance company liable.
It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
It shows that the owner is willing to share ownership of the business to reduce financial risk.
It shows that the owner is willing to budget for short-term financial risks to avoid long-term risks.

Respuesta :

Answer:

B. It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company

Explanation:

I just got a 100% on the unit test review with this question in there. I know it's late but hopefully can help some other students out in the future. :)

ayokenny2001

The purchasing insurance for a business toward financial risk shows : That the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.

What is insurance?

Insurance is a means that protect one against financial loss. It is a risk management form which is used to guard against unplanned risk or unforeseen circumstances.

This implies that Insurers can make use of subscription business model, collecting premium payments periodically in return for compounding benefits offered to policyholders.

The above shows that the policy holder acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.

Learn more about insurance here: https://brainly.com/question/25855858