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  3. question 1 a.define the term 'loss of control'. (2

Question 1 A.Define the term 'loss of control'. (2 marks) B.Discuss how...

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Accounting

Question 1

A.Define the term 'loss of control'. (2 marks)

B.Discuss how the following may be used to effectively transfer risk

i.Hedges

ii.Diversification

iii.Incorporation

iv.Hold harmless agreements (16 marks)

C.Outline TWO (2) methods of loss control. (7 marks)

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