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Question: The extra expenses incurred by a business to stay in operation following a fire is an example of a(n)

Options:

  1.  Fundamental risk
  2.  Speculative risk
  3.  Direct loss
  4.  Indirect loss

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1 Answer

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4. Indirect loss

The extra expenses incurred by a business to stay in operation following a fire is an example of an Indirect loss.

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