Which type of risk is most likely to be insurable
Asked by admin @ in Business viewed by 300 People
Which type of risk is most likely to be insurable? A. Pure risk B. Speculative risk C. Equity risk D. Investment risk
Answered by admin @
the type of risk that is most likely to be insurable is : A. pure risk
Pure risk refer to the type of risk in which loss is the only possible outcome.
Example of pure risk : Identitiy theft
Identity theft is insurable because the only possible outcome of identity theft is a loss in assets, there is no way someone could get more wealth after identity theft
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