Define the following terms: a. Pure risks b. Speculative risks c. Demand risks d. Input risks e.
Question:
Define the following terms:
a. Pure risks
b. Speculative risks
c. Demand risks
d. Input risks
e. Financial risks
f. Property risks
g. Personnel risks
h. Environmental risks
i. Liability risks
j. Insurable risks
k. Self-insurance
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Step by Step Answer:
Sure here are the definitions for each of the terms a Pure risks Pure risks refer to situations where there is a possibility of loss or no loss but no ...View the full answer
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