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.

---

Definitions:

Helping Intern

A trainee or student working, often without pay, in a helping capacity, such as counseling or social work, to gain practical experience.

Anxiety

A psychological condition marked by intense worry, nervousness, or dread that significantly disrupts daily functioning.

Supervisory Style

The method and approach a supervisor uses to oversee, guide, and support their employees or team.

Helping Trainees

The act of supporting and guiding individuals who are in the process of acquiring new skills or knowledge.