Question

The distinction between fundamental and particular risks is important because a. normally only particular risks are insurable. b. whether a risk is fundamental or particular may determine how society will deal with it. c. none of the above. d. fudamental risks are a souce of gain to society.

Answer 1

Answer:

b. whether a risk is fundamental or particular may determine how society will deal with it.

Explanation:

The fundamental risk is the risk that impacts the larger number of people or we can say the population

While the particular risk is the risk that contains the losses of personal with respect to the origin and their effects. Here it impacts an individual or smaller number of people

So the distinction between both risk could be figured out by seeing how society would deal with it

Hence, the correct option is b.