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Match these terms with the most appropriate description. please match the 1st group with the 2nd group: 1st: Pure risk, Speculative risk, risk sharing. 2nd:
Match these terms with the most appropriate description. please match the 1st group with the 2nd group:
1st: Pure risk, Speculative risk, risk sharing.
2nd: a risk that offers a loss or gain, is difficult to insure and can be avoided, a risk with probabilites can be measured the events are accidental or not intential and can be insured, the process of selling risk to allow someone else to bear the consequences
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