Exam (elaborations)
CFP Insurance Review
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- Institution
4 Types of Risk- CORRECT ANSWER "POSS: 1. Pure Risk: change of loss or no loss (no chance of gain) 2. Objective Risk: measurable and quantifiable risk based on stats 3. Speculative Risk: chance of profit, loss or no loss. 4. Subjecive Risk: Risk that is based upon perception of individual "...
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