________ risk involves the threat of loss with no chance for profit.
A) Minimum
B) Pure
C) Speculative
D) Managed

Question

Quizplus · Accepted Answer

Pure risk involves the threat of loss with no possibility of gain or profit. This type of risk is typically insurable, as it involves events that are out of our control, such as natural disasters or accidents. Minimum risk refers to the lowest level of risk possible, while speculative risk involves the potential for both profit and loss. Managed risk involves taking actions to mitigate or control risk.

________ Risk Involves the Threat of Loss with No Chance