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:

Abstract

A brief summary of a research article, thesis, review, or other document, outlining the main points and conclusions.

Theoretical Framework

An established concept or system of ideas that provides a foundation for explaining certain phenomena or data.

Hypotheses

Proposed explanations made on the basis of limited evidence as a starting point for further investigation.

Bachelor-Prepared Nurses

Nurses who have earned a Bachelor of Science in Nursing degree, preparing them for a comprehensive range of healthcare duties.