As a rule, only _____ risk is insurable.
A) business
B) market
C) pure
D) credit

Name: As a rule, only _____ risk is insurable. A) business B) market C) pure D) credit
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Question

Quizplus · Accepted Answer

Only pure risk is insurable. This refers to a risk that has no possibility of gain, only loss. Business risk, market risk, and credit risk all involve the possibility of gain as well as loss and are therefore not insurable.

As a Rule, Only _____ Risk Is Insurable