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Which among the following is not a pure risk


Answer: Technology risk. Explanation: Pure risks can be divided into three different categories: personal risk, property risk, and liability risk.

Which of the following is a pure risk?

Pure risk refers to risks that are beyond human control and result in a loss or no loss with no possibility of financial gain. Fires, floods and other natural disasters are categorized as pure risk, as are unforeseen incidents, such as acts of terrorism or untimely deaths.

Which of the following is not source of risk?

Functional risk is not a source of risk.

What is pure risk quizlet?

-Pure risk: Pure risk is a risk in which there is only a possibility of loss or no loss—there is no possibility of gain. Pure risk can be categorized as personal, property, or legal risk. Physical hazard. A physical hazard is a physical condition that increases the possibility of a loss.

Which of the following is not a risk handling technique?

Risk elimination is not a type of risk management strategies.