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Budgeting and Being a Smart Consumer

Question 2 • Personal Finance - EL3403

Choosing to buy a case for your phone and being careful are ways to risk.

Answer
A
avoid
B
accept
C
reduce

Explanation

Using a phone case and handling your phone carefully lower the chance or cost of damage, but they do not eliminate the risk completely. Taking steps to make a risk less likely or less harmful is called reducing risk. Therefore, the correct choice is “reduce.”

AI-written and checked against the verified answer.

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