Question
What is speculative risk?
• Loss of money or decrease in value
• A formula that measures profit and loss
• Gain or increase in money and assets
• A category of risk that results in an uncertain degree of gain or loss
• Loss of money or decrease in value
• A formula that measures profit and loss
• Gain or increase in money and assets
• A category of risk that results in an uncertain degree of gain or loss
Answers
GPT 3.5
The last option, "A category of risk that results in an uncertain degree of gain or loss," is the correct definition of speculative risk. Speculative risk refers to a type of risk where there is a possibility for both gain and loss, but the outcome is uncertain. It typically involves activities such as gambling, investing in stocks, or starting a new business venture.