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4. Which one of the following is an example of diversifiable risk? I Earthquake damages an entire town. II Federal government imposes a $100 fee

Which one of the following is an example of diversifiable risk?

I	Earthquake damages an entire town.
II	Federal government imposes a $100 fee on all business entities
III	Employment taxes increase nationally.
IV	Toymakers are required to improve their safety standards.

I and III only.

II and IV only.

II and III only

I and IV only.

I, III, and IV only

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