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  3. Study Set
    Understanding Business
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    Exam 23: Appendix: Managing Risk
  5. Question
    Explain the Difference Between Speculative Risk and Pure Risk
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Explain the Difference Between Speculative Risk and Pure Risk

Question 107

Question 107

Essay

 Explain the difference between speculative risk and pure risk. Which type of risk is of more concern to businesspeople?

Correct Answer:

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Pure risk is of more concern to business...

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