For each of the following risks or loss exposures, identify an appropriate risk management technique that could have been used to deal with the exposure. Briefly explain your answer (a couple of sentences). List your answer and explanation below:
a. Physical damage to the Range Rover Sport because of a collision with another motorist.
b. Liability lawsuit against Duke arising out of the negligent operation of his car.
c. Total loss of his personal property because of a grease fire in the kitchen of his rented apartment.
d. Disappearance of one contact lens.