Which of the following is true about pure risk?

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Which of the following is true about pure risk?
Posted by:
MUHAMMED HARIS MI
31-March-2015

A. The risk can be deflected or transferred to another party through a contract or insurance policy. B. Pure risks involve the chance of both a profit and a loss. C. No opportunities are associated with pure risk, only losses. D. a and c

Procurement Tenders Risk Risk Modeling Banking &amp Finance

Question ajoutée par Richa Tiwari , Quantity Surveyor , Space Contracting Limited
Date de publication: 2018/12/29

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Mohammed Qaisar I PMP I MCIPS I MBA

par Mohammed Qaisar I PMP I MCIPS I MBA , Group Procurement Manager (Civil) , Al Ghurair Construction LLC

The risk can be deflected or transferred to other parties by insurance or assigning him as a subcontractor to perform the job which involved pure risk. Pure risk never be positive, it always negative.

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par Richa Tiwari , Quantity Surveyor , Space Contracting Limited

a and c is the correct answer for this question

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