RSK3701 Risk Financing and Short Term Insurance (RSK3701)
University of South Africa
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RSK3701 MCQ EXAM PACK 2023
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RSK3701 EXAM PACK 2023
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RSK3701 SUMMARISED EXAM NOTES 2023 UPDATED SUMMARY.
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RSK3701 SUMMARISED 
EXAM NOTES 2023 
UPDATED SUMMARY. 
Study Unit 01 
Define and explain - Risk: Risk is the uncertainty of loss. 
Unfavourable deviation from the expected. 
Define Risk Management: A means of removing some or all of the uncertainty 
Differentiate between : 
Pure / Event Risk Speculative Risk 
There is either a Loss or No Loss Taken out in the hope of some gain. 
Particular risk: Affects only you of your family, not society as a whole. Break in. 
Fundamental risk: Affects society...
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RSK3701 EXAM PACK 2023
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RSK3701 EXAM PACK 2023
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RSK3701 EXAM PACK 2023
- Exam (elaborations) • 102 pages • 2023
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RSK3701 EXAM PACK 2023
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RSK3701 EXAM PACK 2023
- Exam (elaborations) • 103 pages • 2023
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- R46,87
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This document contains past exam questions and solutions.
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RSK3701 EXAM PACK 2023
- Exam (elaborations) • 103 pages • 2023
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- R46,87
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This document contains past exam questions and solutions.
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