Jenna opened a successful restaurant. One night, after the restaurant had closed, a fire started when the electrical system malfunctioned
In addition to the physical damage to the restaurant, Jenna lost profits that could have been earned while the restaurant was closed for repairs. The lost profits are an example of
A) direct loss.
B) nondiversifiable risk.
C) speculative risk.
D) indirect loss.
Answer: D
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What will be an ideal response?
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Fill in the blank(s) with correct word
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