Recently an Oil Rig in the Gulf of Texas Blew

question 156

Multiple Choice

Recently an oil rig in the Gulf of Texas blew up causing the value of your stock in the company who owns the oil rig to fall. What type of risk does this represent?

• A) diversifiable risk
• B) systematic risk
• C) political and regulatory risk
• D) Both B and C

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Definitions:

Determinism

A philosophical doctrine stating that all occurrences, such as ethical decisions, are entirely caused by antecedent conditions.

Indeterminism

The philosophical theory that not all events are causally determined by preceding events or natural laws, leaving room for randomness or free will.

Soft Determinism

The philosophical viewpoint that reconciles the theory of determinism and the free will by arguing that behavior can be determined while still holding individuals morally responsible.

Counterarguments

Arguments presented to oppose or refute another argument, critical in enhancing the depth of debate or reasoning.