Which of the following is not an example of a speculative risk?
A)purchase of an insurance policy
B)investment in common stocks
C)operating a business for profit
D)investment in banana futures

Question

Quizplus · Accepted Answer

Purchase of an insurance policy is not an example of a speculative risk because insurance policies are purchased to protect against unforeseen events or losses. Speculative risks involve taking actions that may result in either gain or loss, such as investing in stocks or commodities. Operating a business for profit and investing in banana futures both involve speculative risks.

Which of the Following Is Not an Example of a Speculative