A Pure Risk Is Defined as a Situation in Which

question 44

Multiple Choice

A pure risk is defined as a situation in which there is

• A)only the possibility of loss or no loss.
• B)only the possibility of profit.
• C)a possibility of neither profit nor loss.
• D)a possibility of either profit or loss.

---

Definitions:

Basic Rights

Fundamental entitlements guaranteed to individuals, often related to freedom, equality, and fairness in various aspects of life.

Ethical Conduct

The practice of behaving in a manner consistent with accepted moral principles and standards.

Personal Records Confidential

The principle that personal information held by organizations should be kept secure and private from unauthorized access.

Right of Privacy

The right of individuals to keep their personal information confidential and protected from unauthorized disclosure.