Risk That Affects Many Businesses at the Same Time Is

question 15

Multiple Choice

Risk that affects many businesses at the same time is called _____ risk, while risk associated with individual businesses is called _____ risk.

• A) asymmetric; symmetric
• B) symmetric; asymmetric
• C) systematic; idiosyncratic
• D) idiosyncratic; systematic

---

Definitions:

Civil Remedy

Legal means through which a court enforces a right, imposes a penalty, or makes another court order to impose its will.

Legal Drinking Age

The minimum age at which an individual is legally allowed to purchase and consume alcoholic beverages, which varies by jurisdiction.

Federal Funds

Central bank balances held by banks at the Federal Reserve which are available for lending to other banks overnight to meet reserve requirements.

State Highways

Roads managed by state governments, forming part of a state's transportation network, often connecting cities and towns.