Which of the Following Statements About Speculative Risks Is True

question 15

Multiple Choice

Which of the following statements about speculative risks is true?

• A)They are almost always insurable by private insurers.
• B)They are more easily predictable than pure risks.
• C)They may benefit society even though a loss occurs.
• D)They involve only a chance of loss.

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Definitions:

Control Groups

Refer to groups in experimental research that do not receive the experimental treatment, used as a benchmark to measure the effect of the treatment.

Executive-Type Norms

Guidelines or standards set by those in leadership positions within organizations, influencing behavior and decision-making.

Student Norms

Refers to the unwritten rules and expectations that govern behavior within a student community.