Which of the following would involve speculative risk?

Name: Which of the following would involve speculative risk?
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Question

Quizplus · Accepted Answer

Speculative risk involves a situation where there is a possibility of either a gain or a loss. Purchasing a lottery ticket is a prime example of speculative risk because there is a chance to win money (gain) or lose the money spent on the ticket (loss). The other options involve pure risks, where the outcome is either a loss or no loss, but no opportunity for gain.

Which of the Following Would Involve Speculative Risk