_______ means those risks which involve a situation where there is a possibility of gain.

Related MCQs

• Any risk involved a situation where there is a possibility of gain refers to ________
• 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.
• _______ policy in which the limits of the risks are determined by place of particular voyage.
• Which of the following risks are insurable?
• _________ is concerned with the conversion of a firm’s asset and earning power against risks of accidental loss.
• Risks are not suited to treatment by insurance refers to ____________
• This policy covers all risks to the ship and its cargo while the ship is at a particular port ___________.
• ________ involved those losses that occur even if there were no changes in the economic environment.
• Speculative risk is a situation in which…………………… is possible