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What is a pure risk?
Pure risk is a term that is applied to any situation where there is no potential for any benefit to be realized if a specific outcome should result.
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Asked 4/3/2014 11:56:40 PM
Updated 4/4/2014 12:15:20 AM
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Pure risk is a term that is applied to any situation where there is no potential for any benefit to be realized if a specific outcome should result.
Added 4/4/2014 12:15:20 AM
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Expert Answered
Updated 4/1/2014 3:18:45 AM
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The true statement about wants is:
They are discretionary expenses.


Wants and need are different. Needs include items such as food and shelter.
Added 4/1/2014 3:18:45 AM
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