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Question: ________ is also termed as group risk.

Options:

  1.  Fundamental risk
  2.  Static risk
  3.  Property risk
  4.  Liability risk

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1 Answer

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Best answer

1. Fundamental risk

Fundamental risk is also termed as group risk.


More information:

Fundamental risks are risks that affects a large number of people or business within the economy.

It is caused by natural disasters such as earthquakes, floods, hurricanes, or social conditions, such as inflation, unemployment, war. But these risks can be prevented or treated.

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