alleryRisk in business is best described as the uncertainty associated with:
AExposure to loss
BExposure to light
CExposure to noise
DExposure to heat
Answer & Solution
Correct answer: A. Exposure to loss
1. It comes from unfavourable events.
2. Fire, theft and strikes are examples.
3. Risk is uncertainty of exposure to loss.
_Source: syllabus Business Studies, Chapter 1, Business, Trade and Commerce._
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