A Manufactured Risk Differs from an External Risk in That

question 66

Multiple Choice

A manufactured risk differs from an external risk in that:

• A) external risks are accidental risks, and manufactured risks are human made
• B) external risks are environmental risks, and manufactured risks are accidental risks
• C) manufactured risks were more common in the industrial era, and external risks are more common in the postindustrial era
• D) external risks come and go quickly, and manufactured risks can last for some time
• E) an external risk comes from the natural world, and a manufactured risk is human made

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Definitions:

Pay Off

A financial term describing the complete repayment of a loan or debt along with any interest owed.

Simple Interest Rate

Interest calculated only on the principal amount, not on the interest earned in previous periods.

Term Of Loan

The duration scheduled for the repayment of the loan.

Simple Interest

A method of calculating the interest charge on a loan based on the original principal amount and the rate of interest per period.