The Extra Expense Incurred by a Business to Stay in Operation

question 3

Multiple Choice

The extra expense incurred by a business to stay in operation following a fire is an example of a(n)

• A)fundamental risk.
• B)speculative risk.
• C)direct loss.
• D)indirect loss.

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Definitions:

Open Discussions

Conversations where participants feel free to express their thoughts, opinions, and questions in a non-restrictive environment.

Positive Relationships

Interactions between individuals that are characterized by mutual respect, cooperation, support, and understanding.

Networking

The act of establishing and maintaining professional relationships that can provide support, information, and resources for career development or organizational growth.

Agendas

Lists or plans of items to be discussed or acted upon in meetings or gatherings.