SELECT TRUE OR FALSE FOR THE FOLLOWING ANSWER

Global warming is an example of systemic risk.	True	False
All pure risks are insurable.	True	False
Enterprise risk could be pure risk or speculative risk.	True	False
Diversification can reduce or eliminate the risk of investment loss by investing in different types of companies and in different types of financial assets.	True	False
Risk-taking individuals prefer high return and they are willing to assume much higher level of risk.	True	False
Particular risk happens when the breakdown of Lehman Brother causes the economy of the US to experience a massive financial meltdown.	True	False
Risk-neutral individuals are indifferent to the level of risk they have to assume as long as they could obtain their desired return.	True	False
Combining risks that are negatively correlated can slightly reduce the overall risk of the business entity. Subsidies from the government could be used to manage fundamental risks.	True	False
Objective risk is defined as the relative variation of expected loss from actual loss.	True	False
ABC Insurance Company plans to sell fire insurance in Kedah. ABC expects that eight buildings out of every 100, on average, will report claims each year. The variation between the loss that ABC expects to occur and the loss that actually occurs can be measured by range, variance, standard deviation or coefficient of variation.	True	False