Professional Documents
Culture Documents
How does the objective risk change when the number of exposures
increase/decrease?
What are the characteristics of financial risk? Can you identify an example of
financial risk?
What is speculative risk? Does it benefit the society? Can you give an
example?
What is personal risk? Can you give some examples of personal risks?
What is liability risk? How does it influence current and future income? Can
you give an example of liability risk?
What is hedging?
What is the relationship between chance of loss and risk (including objective
risk and risk inherent)
what is self-insurance?