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