The risk associated with a sudden and unforeseen happening that has a significant and usually immediate effect on a firm's financial condition is called :
A. Market Risk
B. Speculation
C. Event Risk
D. Business Risk
Answer: C
The risk associated with a sudden and unforeseen happening that has a significant and usually immediate effect on a firm's financial condition is called :
A. Market Risk
B. Speculation
C. Event Risk
D. Business Risk
Answer: C