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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 308 times)

Mimi

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on: Jul 11, 2018
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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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


Mimi

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

isabelt_18

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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