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

Options:

  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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