RFP Module 2 Practice Questions - MFPC RFP Module 2 - Risk Management And Insurance Planning (Malaysia) Exam

Which of the following best defines pure risk?

A risk that offers only the possibility of loss or no loss. A risk that involves the possibility of a gain. A risk that cannot be insured. A risk caused by changes in the economy.

Correct Answer:

A risk that offers only the possibility of loss or no loss.

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