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Author Question: Which of the following statements about chance of loss and risk is (are) true? I. If the chance of ... (Read 302 times)

Mimi

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Which of the following statements about chance of loss and risk is (are) true? I. If the chance of loss is identical for two groups, the objective risk must be the same. II. Two individuals may perceive differently the risk inherent in a given activity.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following is an example of a commercial risk?
 
  A) the risk of insufficient retirement income
  B) the loss of business income
  C) the risk of premature death
  D) the risk of being unemployed



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dreamfighter72

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Answer to Question 1

Answer: B

Answer to Question 2

Answer: B




Mimi

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


matt95

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Reply 3 on: Yesterday
Wow, this really help

 

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