Which of the following is not a type of risk when identifying a pure risk?
A) Retention Risk
B) Property Risk
C) Liability Risk
D) Human Resource Risk

Question

Quizplus · Accepted Answer

Retention Risk is not a type of pure risk. Pure risks involve situations that only have a possibility of loss or no loss, such as property risk, liability risk, and human resource risk. Retention Risk, however, refers to the risk a company retains when it decides not to transfer or insure against certain risks, which is a concept related to how risks are managed, not a type of pure risk itself.

Which of the Following Is Not a Type of Risk