When you acquire an offsetting risk, you are engaged in:
A) gathering information.
B) risk spreading.
C) diversification.
D) hedging.
Correct Answer:
Verified
Q89: Actuarially fair insurance is equivalent to:
A)diversification.
B)raising the
Q90: Most insurance:
A)is designed to earn a profit
Q91: Which of the following is NOT a
Q92: Which of the following is not equivalent
Q93: To hedge is to:
A)acquire an offsetting risk.
B)prevent
Q95: Which of the following is NOT an
Q96: Which of the following is an example
Q97: Which of the following would NOT reduce
Q98: _ reduces risk.
A)Wealth
B)Time
C)Information
D)Uncertainty
Q99: The more _ you have about something,
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