Which of the following is an uninsurable risk? A) theft B) homicide C
QUESTION
Which of the following is an uninsurable risk?
A) theft
B) homicide
C) tornados
D) wildfires
E) wear and tear
ANSWER
Answer: E
Explanation: E) Personal risks, market risks, and political risks are uninsurable risks. Other uninsurable risks are wars, recessions, strikes, and gradual rusting or wear and tear.
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