QUESTION 24 Five years ago, Shannon decided to start investing monthly in the common stock of ABC Telecom Company. Her financial well-being will be harmed if the price of ABC Telecom stock drops significantly. The risk of investment loss can be reduced if she invests in other companies and other types of financial assets. The risk Shannon faces with regard to her investments is a(n) O enterprise risk. O diversifiable risk. O non diversifiable risk. O pure risk. QUESTION 25 Which of these risks faced by Starbucks is insurable? O 1. fluctuations in foreign currency exchange rates O 2. changes in governmental rules and approaches to taxation O 3. accidents and injuries on the premises of a Starbucks establishment. O 4. adverse outcomes of litigation