Question

Which type of business risk involves both the possibility of gain as well as?

Answer 1

Answer:

Speculative Risks involve both the possibility of gain as well as the possibility of loss. Speculative risks arise due to changes In market conditions including fluctuations in demand and supply, changes in prices or changes in fashion and tastes of customers.

Explanation:

please mark me as brainlist

Answer 2

$\huge{\boxed{\boxed{\mathfrak{\pink{Answer}}}}}$

Both speculative risk and pure risk involve the possibility of loss. However, speculative risk also involves the possibility of gain as well - even if there is no loss.