Associate PRM Practice Questions - PRMIA Associate Professional Risk Manager Certificate Exam

A speculative risk differs from a pure risk because:

Speculative risk involves only loss; pure risk involves loss or gain Speculative risk involves the possibility of gain or loss; pure risk involves only the possibility of loss or no loss Pure risk is faster to materialise than speculative risk Speculative risk is always insurable

Correct Answer:

Speculative risk involves the possibility of gain or loss; pure risk involves only the possibility of loss or no loss

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