Any risk involved a situation where there is a possibility of gain refers to ________

Related MCQs

• _______ means those risks which involve a situation where there is a possibility of gain.
• Pure risk situation are those where there is a possibility of………….
• ….. is a condition in which there is a possibility of an adverse deviation from a desired outcome that is expected or hope for.
• Speculative risk is a situation in which…………………… is possible
• …………. Refers to a situation where outcome is not certain
• ________ involved those losses that occur even if there were no changes in the economic environment.
• The proportion of the risk which the direct insurer holds on his own account refers to _______
• The proportion of the risk which the direct insurer holds on his own account refers to ___________
• If any risk is concerned with financial loss, it is termed as………..
• Risk is measurable……..