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If a Pure Risk Occurs a Company Loses Money; but If

question 20

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If a pure risk occurs a company loses money; but if the events do not occur, the company gains nothing.


Definitions:

Millennials

The demographic cohort following Generation X, typically born between the early 1980s and mid-1990s to early 2000s.

Millennial Generation

A demographic cohort following Generation X, typically born between the early 1980s and mid-1990s, known for their comfort with technology and digital environments.

Video Games

Digital games that involve interaction with a user interface to generate visual feedback on a two- or three-dimensional video display device such as a TV screen or computer monitor.

Mobile Phone

A portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area.

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