Types of insurance risks - SS2 Commerce Past Questions and Answers - page 1
1
Which type of risk affects the overall market or economy as a whole?
A
Partial risk
B
Fundamental risk
C
Systematic risk
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2
Which type of risk is unique to a particular investment or business?
A
Systematic risk
B
Partial risk
C
Fundamental risk
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3
What can be used to minimize or eliminate partial risks?
A
Market trends
B
Diversification
C
Political events
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4
Which type of risk can be reduced through proper risk management strategies?
A
Partial risk
B
Fundamental risk
C
Unsystematic risk
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5
Which type of risk is beyond the control of individual investors or businesses?
A
Fundamental risk
B
Partial risk
C
Unsystematic risk
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6
Give an example of a fundamental risk.
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7
How can partial risks be managed?
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