Mr. Singh has a denim store at the market. There was a theft at his store and

Question -

Mr. Singh has a denim store at the market. There was a theft at his store and he lost 3lakh rupees. What kind of risk did he face?

Options:

A . Speculative risk

B . Pure risk

C . Natural risk

D . None of the above

Answer: Option B
:
B

Mr. Singh faced pure risk, which involves the possibility of loss or no loss.

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