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Exam (elaborations)

RMI 2302 Exam Questions and Answers Graded A+

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RMI 2302 Exam Questions and Answers Graded A+

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November 25, 2025
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  • rmi 2302 exam questions and answers graded a

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RMI 2302 Exam Questions and Answers
Graded A+

pure risk - Correct answer-simply loss or no loss

speculative risk - Correct answer-loss no loss or gain

static risk - Correct answer-stays the same over time

dynamic risk - Correct answer-changes over time

fundamental risk - Correct answer-affects a large portion of the population at the

same time

particular risk - Correct answer-affects a small portion of the population at the

same time

core risk - Correct answer-a risk assumed with business

secondary risk - Correct answer-a side effect of business

personal risk - Correct answer-health

property risk - Correct answer-cars, clothing, building, assets

liability risk - Correct answer-held responsible for actions
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1

, financial risks - Correct answer-investments

sources of risk - Correct answer-personal

property

financial

liability

categories of risk - Correct answer-pure vs. speculative

static vs. dynamic

fundamental vs. particular

core vs. secondary

attitudes towards risk - Correct answer-risk neutral

risk adverse

risk seeker

risk neutral - Correct answer-indifferent towards risk

risk adverse - Correct answer-prefer to avoid risk

risk seeker - Correct answer-prefer risk

peril - Correct answer-the immediate cause of loss


©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
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