Which of the Following Is a Characteristic of a Pure

question 5

Multiple Choice

Which of the following is a characteristic of a pure risk?

• A) It cannot be analyzed statistically.
• B) It is typically uninsurable.
• C) It exists when the possibility of a loss is present but the possible extent of the loss is unknown.
• D) It refers to the uncertainty as to whether a voluntarily undertaken activity will result in a gain or a loss.

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Definitions:

Spouse Present

The condition in which one's marital partner is physically in the same location or situation.

Yellow Tinge

A discoloration often seen in the skin or eyes, which may indicate jaundice and liver or gallbladder problems.

Sclera

The white, outer layer of the eyeball that provides protection and structure.

Jaundice

A yellowish colour of the sclera, mucous membranes, or skin.