Which of the Following Represents an Uninsurable Risk to a Business

question 139

Multiple Choice

Which of the following represents an uninsurable risk to a business firm?

• A) the possibility that its warehouse will burn down
• B) the possibility that several of its workers will be injured at work
• C) the possibility that an adverse change in consumer tastes will decrease the demand for the firm's product
• D) the possibility that a tornado will damage the plant and stop production for a month

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Definitions:

Erikson

A psychologist known for his theory on psychosocial development across the lifespan.

Delay of Gratification

The ability to resist the temptation for an immediate reward and wait for a later, often larger or more satisfying reward.

Academic Success

Achieving desired educational outcomes or reaching high levels of performance in scholarly activities.

Preconventional Morality

The earliest stage of moral development, according to Kohlberg, focused on self-interest and outcomes determined by reward or punishment.