This week we are leaning about financial risk. In order to better understand these concepts, there are a few terms/facts you need to know. Fill in the blanks with the appropriate term.

1. _______________ is defined as a hazard, a peril, or an exposure to loss or injury.

2. _____________ is the portion of the riskinesses of a business project that cannot be diversified away with stock of the company.

3. _________________ is caused by events that are unique to a single business and often random.

4. Diversifiable risk is caused by ___________ that are unique to a single business.