Which of the following statements about chance of loss and risk is (ar

Which of the following statements about chance of loss and risk is (are) true? I. If the chance of loss is identical for two groups, the objective risk must be the same. II. Two individuals may perceive differently the risk inherent in a given activity.

A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: B