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Hi Question number 4.: Pure risk cannot be controlled and has two outcomes: complete loss or no loss at all.
Therefore i do not know how to reduce it.
why the answer is correct, pure risk should be reduced?
by buying an insurance. therefore it can be reduce?
Ken Garrett says
Pure risk does not mean total loss. It means only that there is downside risk. So, as you suggest, insurance can reduce the loss. Another example is a bad debt (always bad news). Risk is reduced by having credit limits.
where can we find the answers ????
If you score 70% or more, the answers are revealed when you choose review test.
Good for a start.
This is enlightening…i wrote P3 once and failed, how do i get the motivation again?
hie guys any one with bpp or kaplan kit p3
Struggled with the combinations for Q3& Q4. took me a while before getting them right. Where can we get more of these practice questions?
For more questions, you need to buy a revision kit/question bank from BPP or Kaplan.
I was unable to see the review test button and could not see where I had made mistakes. Does anyone else have this issue?
i got 80%. But the practice questions are so easy to face the real exam. although it was good practice.
Not able to see review test after submitting answers. can any body guide me?
When you score at least 50%, the answers are shown.
can’t find the answers to the questions. Can anyone help?
Not to worry sorted thanks.
How will I get the answer for this test….chapter 1 p3
Once you submit your answers there is ‘review test’ button which shows you which questions you’ve had right and which were wrong (and what was the correct answer)
Very good practice
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