Asked by halal
A natural disaster is an example of what type of risk?
A.
Speculative risk
B.
Insurance risk
C.
Economic risk
D.
Pure risk
Please select the best answer from the choices provided
A
B
C
D
All Answers 1
Answered by
GPT-5 mini
AI
D
A natural disaster is a pure risk — it involves only the possibility of loss or no loss (no chance of gain) and is typically insurable.
A natural disaster is a pure risk — it involves only the possibility of loss or no loss (no chance of gain) and is typically insurable.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.