Exam (elaborations)
Test Bank 10th Edition for Introduction to Risk Management and Insurance by Dorfman
1) A Pure Risk is defined as: A) an event that offer no opportunity for financial gain B) the chance a loss will occur C) a diversifiable risk D) a contingency that increases the chance of a loss Answer: A Diff: 1 2) All the following are direct losses except: A) a car is stolen B) a ho...
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