Defective Electrical Wiring That May Lead to a Fire Is

question 56

Multiple Choice

Defective electrical wiring that may lead to a fire is an example of a:

• A) pure risk
• B) non-diversifiable risk
• C) speculative risk
• D) physical hazard

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Definitions:

Unemployment Insurance

A government program that provides financial assistance to individuals who are unemployed through no fault of their own, to help them meet their basic needs while seeking new employment.

Labor Force

The total number of people within a specific population who are actively employed or seeking employment.

Unemployment Rate

The rate of active job seekers in the labor force without current employment.

Unemployment Benefits

Financial payments made by the state or other authorized bodies to unemployed people.