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keyone keyone
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In the context of ERM, hazard risk is defined as:
A) being associated with the strategic direction of a firm
B) being associated with the operations of a firm
C) adverse financial losses associated with diversifiable risks.
D) adverse financial losses associated with pure risks.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
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giddugiddu
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