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Question: Which of the following statements about Speculative risks is true?


  1.  They are almost always insurable by private insurers.
  2.  They are more easily predictable than pure risks.
  3.  Their occurrence may benefit society.
  4.  They involve only a chance of loss.

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3. Their occurrence may benefit society

The statements 'Their occurrence may benefit society' about speculative risks is true.

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