Question

defference between seculative and pure risk​

Answer 1

Answer:

different between the two days ago

Answer 2

Answer:

Pure risk is the risk which involves only the possibility of loss or no loss. Speculative risk: Speculative risk involves both the possibility of gain as wellas possiblity of loss. ... Insurance services provides coverage of such risks. Speculative risk : such risks can not be covered under insurance provisions.

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