Economic Risk Is The

question 17

Multiple Choice

Economic risk is the:

• A) variance of total profit.
• B) standard deviation of total profit.
• C) coefficient of variation for total profit.
• D) chance of loss.

---

Definitions:

Electronic Form

Information or documents created, stored, and transmitted in a digital format, accessible through electronic devices.

Contracts Valid

Agreements between parties that meet all legal requirements to be enforceable.

Collateral Promise

An ancillary agreement to answer for the debt or obligation of another person if that person fails to meet their obligation.

Principal Debtor's Debt

The main amount of money that a debtor is obligated to pay back, excluding interest or additional fees.