Question 1004 of 303 · California Life-Only Agent Exam
Which of the following is an example of a speculative risk?
Exactly one answer is correct.
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Correct answer to question 1004
- B: Buying shares of a company hoping the price will rise
Explanation
Speculative risk involves a chance of loss, no loss, or gain. Buying stock fits that description, while the other situations offer only loss or no loss.
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