1. Was the creation of the ALOHACollection an example of market risk or pure risk? Why?

2. Understanding that the ALOHA Collection decided to lease their retail store in Waikiki and their warehouse space, are they managing real property, personal property, or a mix of the two? What kind of risks associated with this kind of property thatcompany leaders willneed to consider?

3. The founders of the business have been critical to the brand’s launch, growth, and success. Understanding how fundamentally tied they are to the company and how difficult they would be to replace, what kind of insurance might be important for the company to consider? Why? Who purchases the insurance and who is the beneficiary of it?