The Following Statements Are About Pure Risk and Speculative Risk-Two

The following statements are about pure risk and speculative risk-two kinds of risk that both businesses and individuals experience. Select the answer choice containing the correct statement.

A) Healthcare coverage is designed to help plan members avoid pure risk, not speculative risk.
B) Only pure risk involves the possibility of gain.
C) An example of speculative risk is the possibility that an individual will contract a serious illness.
D) Only speculative risk contains an element of uncertainty.