1. What are underlying objectives for the definition of risk?

4. What are three major categories of risk attitudes?

5. Explain the categories and risk and provide examples for each category.

6. What are exposures? Give examples of exposur es.

7. What are perils? Give examples of perils.

8. What are hazards? Give examples of hazards.

13. Inflation causes both pure and speculative risks in our society. Can you give some examples of each?

14. Define holistic risk and enterprise risk and give examples of each.