A pure risk is defined as a situation in which there is
A) only the possibility of loss or no loss.
B) only the possibility of profit.
C) a possibility of neither profit nor loss.
D) a possibility of either profit or loss.
Answer: A
Business
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Which marketing orientation focuses on creating demand and moving product inventory?
A) production orientation B) social responsibility orientation C) consumer orientation D) sales orientation E) relationship orientation
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If a plaintiff is successful in proving that an auditor has violated Section 10(b) of the 1934 Securities Exchange Act, the auditor has
a. primary liability. b. secondary liability. c. contingent liability. d. rebuttable liability.
Business