Which one of these is a specific risk?
A) Revision to the corporate tax laws
B) Inflation increase of 2.3%
C) Reduction in the overall economic output
D)Retirement of a company executive

Question

Quizplus · Accepted Answer

Specific risk refers to the risk that affects a very small number of assets. The retirement of a company executive is a specific risk because it directly impacts only the company in question, unlike the other options which are examples of systematic risks affecting a broad range of assets or the entire market.

Which One of These Is a Specific Risk