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How does insurance relate to pure risk and speculative risk? How does insurance relate to pure risk and speculative risk? Select all the correct statements

How does insurance relate to pure risk and speculative risk?

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How does insurance relate to pure risk and speculative risk? Select all the correct statements below. Pure risks can only be managed through insurance. Both pure and speculative risks are insurable Speculative risks are not insurable Only pure risks are insurable All pure risks are insurable

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