Business Studies, asked by jassubrar164, 10 months ago

which type of risk to a situation that
holds out of the prospect of loss,gain or no loss no gain ?​

Answers

Answered by sushruthreddyambati
2

Pure risk is a type of risk that cannot be controlled and has two outcomes: complete loss or no loss at all. There are no opportunities for gain or profit when pure risk is involved. Pure risk is generally prevalent in situations such as natural disasters, fires, or death.

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