Why are speculative risks not insurable?

1 answer:

7 0

Only pure risks are insurable because they involve only the chance of loss. They are pure in the sense that they do not mix both profits and losses. ... Both speculative risk and pure risk involve the possibility of loss. However, speculative risk also involves the possibility of gain as well - even if there is no loss.

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Consumer concern with the standards and believability of advertising may have spread around the world more swiftly than have man

maria [59]

Answer:

False advertising

Explanation:

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Therefore according to the given situation, the advertising spread around the world quickly due to the false advertising.

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3 years ago

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Answer:

He should reorder when he is left with 200 hammers.

Explanation:

Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.

Reorder point = Safety Stock + (Average daily usage of units * Average lead time in days )

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a citation is issued for violations that are such citations carry fines ranging from $100 to $500. the DBPR may issue a notice of noncompliance as a first response to a minor violation.

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2 years ago

Which of the following marketing messages are consumers most likely to trust?

d1i1m1o1n [39]

Answer:

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Explanation:

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2 years ago

When Krispy Kreme decided to expand its operation internationally, it chose to first make its doughnuts available in Canada to m

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Answer:

The answer is E.

Explanation:

Licensing is a business arrangement in which one company(Krispy Kreme) authorizes another company(Canadian company) permission to manufacture its product for a specified payment. The benefits for licensing are:

1. To create business opportunities by expansion

2. It makes an entry into foreign market easier

3. It reduces risk for the two parties.

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