PrepAway - Latest Free Exam Questions & Answers

Which of the following is true about pure risk?

Which of the following is true about pure risk?

PrepAway - Latest Free Exam Questions & Answers

A.
The risk can be deflected or transferred to another party through a contract or insurance policy.

B.
Pure risks involve the chance of both a profit and a loss.

C.
No opportunities are associated with pure risk, only losses.

D.
Botn A and c are correct.


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