Multiple Choice
A Pure Risk is defined as:
A) an event that offer no opportunity for financial gain
B) the chance a loss will occur
C) a diversifiable risk
D) a contingency that increases the chance of a loss
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q61: Which of the following is not a
Q62: What is the fundamental function of the
Q63: The law of large numbers allows the
Q64: Why is a large number of exposure
Q65: Enterprise Risk Management is typically described as
Q66: Insurance companies utilize the law of large
Q67: Which of the following is not a
Q68: Risk averse people have a tendency to
Q69: Why is Enterprise Risk Management so important
Q71: Describe the Risk Management Process.