Which of the following statements about speculative risks is true?
A) They are almost always insurable by private insurers.
B) They are more easily predictable than pure risks.
C) They may benefit society even though a loss occurs.
D) They involve only a chance of loss.
Answer: C
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Fill in the blank(s) with the appropriate word(s).
All of the following are rules for implementing a crisis management plan EXCEPT ________
A) keeping all stakeholders informed B) being an information resource C) keeping the media up to date D) offering a truthful apology E) using softened language
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What will be an ideal response?
A Totten trust is considered a tentative trust because a trustee can add or withdraw funds from the trustee's account
Indicate whether the statement is true or false