What are the three types of risk? Give an example for each. Personal risks Property risks Liability
Question:
What are the three types of risk? Give an example for each.
- Personal risks
- Property risks
- Liability risks
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
Personal risks Loss of income or life due to illnes...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
What are the three types of risk that are relevant in capital budgeting? 2. How is each of these risk types measured, and how do they relate to one another? MINI CASE Shrieves Casting Company is...
-
1. What are the three types of risk that are relevant in capital budgeting? 2. How is each of these risk types measured, and how do they relate to one another?
-
What are the three types of risk that affect money market investments?
-
Give the decoding key for the encoding keys in Problems 2536. Minus 4, divide by 2.
-
Why is integration so important?
-
The following table gives the total value (in millions of dollars) of shipments of beet sugar manufactured in the United States from 2008 and projected to 2020. Construct a frequency histogram of the...
-
The soft-ride suspension system of the mountain bike is pinned at C and supported by the shock absorber BD. If it is designed to support a load of P = 1500 N, determine the factor of safety of pins B...
-
Here are the accounts in the ledger of Mishas Jewel Box, with the balances as of December 31, the end of its fiscal year. Cash ....................... $ 13,242 Accounts Receivable ...................
-
I would utilize the following steps below in simulation too switch from an B2C model to a B2B model: Locate potential B2B customers - Locate businesses that might be interested in purchasing goods or...
-
Suppose ChompaChicken gave you the following data on the market demand and supply for ChompaChicken Megaburgers at its franchise in Vosloorus: Price R8,0 0 R7,0 0 R6,5 0 R5,0 0 R4,5 0 R3,5 0 Quantity...
-
You estimate that you can save $3,450 by selling your home yourself rather than using a real estate agent. What would be the future value of that amount if invested for five years at 3 percent?
-
Most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $4,500 worth of jewelry and $6,000 worth of silverware were...
-
What is the difference between a model and a tool?
-
9. Catherine was tasked by the department to know what product quality is being prioritized by their target market when buying electronic devices. In her study, she found out that durability is the...
-
Assume jared is a single taxpayer who earns $ 1 1 5 , 0 0 0 as an amployee. This year, jared has expenses that yield a $ 1 3 , 1 0 0 itemized deduction. Jared wants to minimize his taxable income, so...
-
Sales are $ 9 0 0 , 0 0 0 . Ending finished goods are $ 6 0 , 0 0 0 . The cost of goods sold is $ 6 0 0 , 0 0 0 . Cost of goods manufactured is $ 6 1 4 , 0 0 0 . What is beginning finished goods?
-
Current Year Previous Year Sales $4,000,000 $3,600,000 Cost of goods sold 2,280,000 1,872,000 Selling expenses 600,000 648,000 Administrative expenses 520,000 360,000 240,000 Income tax expense...
-
A property sold for $185,000 and is producing an annual net operating income of $16,650. What is the capitalization rate?
-
What happens in Example 1 if we replace T 1 by a tank containing 200 gal of water and 150 lb of fertilizer dissolved in it?
-
What are the six activities involved in the physical supply/distribution system?
-
You are closing in on retirement. You are concerned you will not have built up enough in savings over the next five years. You currently give $6,000/year to charity. If you change the allocation of...
-
Abby is a recent graduate who landed a great engineering job. In the economic downturn, and the pressure to run a lean shop, a number of more experienced veteran staff members have been downsized. As...
-
Erics uncle left him a trust fund that will provide him $50,000/year for the next 20 years. He is a 28-year-old bachelor making a salary of $4,200/month, with condo payment, fees and utilities...
-
Lake Incorporated and the River, Incorporated reported net incomes of $205,000 and $164,000, respectively, for the most recent fiscal year. Both companies had 41,000 shares of common stock issued and...
-
What effect Eventually, BREXIT will make on EU? How it will benefit UK? What will be the possible outcome?
-
Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price Real estate commissions Legal fees Expenses of clearing the land Expenses to...
Study smarter with the SolutionInn App