LOMA 281 Module 1 Lesson 1 QUESTIONS & ANSWERS(RATED A)
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Course
LOMA 281 Module 1
Institution
LOMA 281 Module 1
Risk - ANSWER The possibility of an unexpected result. This could be a gain or loss.
Speculative risk - ANSWER A risk that involves three possible outcomes: loss, gain, or no change.
Pure Risk - ANSWER a risk that presents the chance of loss but no opportunity for gain
LOMA 281
Module 1
Lesson 1
QUESTIONS &
ANSWERS(RAT
ED A)
Risk - ANSWER The possibility of an unexpected result. This could be a gain or loss.
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