With regard to insurance, risk can be defined as
A) uncertainty regarding financial gain
B) certainty regarding loss
C) certainty regarding financial gain
D) uncertainty regarding loss"
Ans: D) uncertainty regarding loss"
Business
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Explain how a firm benefits from customers purchasing many times from the firm versus just one time
What will be an ideal response?
Business
The investment banker prefers to avoid a negotiated purchase because it tends to be the least
profitable arrangement for the investment banker. Indicate whether the statement is true or false
Business