Explain the Difference Between Pure Risk and Speculative Risk
Pure risk is where is there is the possibility of loss or no loss. Speculative risks are not insurable. Differentiate Between Pure Risk And Speculative Risk Qs Study Explain the difference between pure risk and speculative risk - pure. . Speculative risks are thus considered controllable risks. Pure risks are those risks where only a loss can occur if the event happens. Pure risk is generally an insurable risk. Pure risks are insurable an example of pure risk would be insuring your home due to the possibility of natural disasters which will create a. In investment it may lead to an investor getting returns that are lower than the expected value. Assuming speculative risk is usually a choice and not the result of uncontrollable circumstances. Explain the difference between Pure Risk and Speculative Risk. 4 method of handling Pure Risk. Each offers a chance to make money lose money or walk away even. ...