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Which of the following is not an example of a pure risk


The correct answer is b. The risk of your savings plan losing money. This is not an example of pure risk. It is an example of speculative risk.

Which one is not an example of pure risk?

The correct answer is b.\n\n It is an example of speculative risk. In pure risk, there is no chance of any gain. In a speculative risk, there is a chance of a potential loss or gain. Here, the savings plan can generate income through interest.

Which of the following is an example of 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 a pure risk quizlet?

Which of the following is not a pure risk? Risk of financial loss caused by bodily injury or property damage to others'.

What are the four types of pure risk?

Pure risks can be divided into three different categories: personal, property, and liability. There are four ways to mitigate pure risk: reduction, avoidance, acceptance, and transference.


"Potential loss of $5,000 in the stock market" is NOT an example of a pure risk. More information: Pure risk is a type of risk which can't be controlled and results in either complete loss or no loss at all. Related questions 1 answer According to the law of large numbers, which of the following is true as the number of exposures increases?




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  1. which of the following is an example of a pure risk
  2. what are the types of pure risk
Which of the following is not an example of a speculative risk

Which of the following is not an example of a speculative risk?

Which of the following is not an example of a whole life insurance policy