8.The risk of loss arising from obsolescence due to technological change or changes in consumer taste is an example of (a)unemployment risk (b)liability risk (c)financial-asset risk (d)d consumer-durable asset risk Answer:(d) 9.The risk arising from holding different kinds of financial assets such as equities or fixed income securities denominated in one or more currencies is an example of (a)unemployment risk (b)liability risk (c)financial-asset risk (d)consumer-durable asset risk Answer:(c) 10.Business risks of the firm are borne by its (a)shareholders (b)creditors (c)employees (d)all of the above Answer:(d) 11. consists of figuring out what the most important risk exposures are for the unit of analysis. (a)Risk assessment (b)Selection of risk management techniques (c)Implementation (d)Risk identification Answer:(d) 10-310-3 8. The risk of loss arising from obsolescence due to technological change or changes in consumer taste is an example of ________. (a) unemployment risk (b) liability risk (c) financial-asset risk (d) d consumer-durable asset risk Answer: (d) 9. The risk arising from holding different kinds of financial assets such as equities or fixed income securities denominated in one or more currencies is an example of ________. (a) unemployment risk (b) liability risk (c) financial-asset risk (d) consumer-durable asset risk Answer: (c) 10. Business risks of the firm are borne by its ________. (a) shareholders (b) creditors (c) employees (d) all of the above Answer: (d) 11. ________ consists of figuring out what the most important risk exposures are for the unit of analysis. (a) Risk assessment (b) Selection of risk management techniques (c) Implementation (d) Risk identification Answer: (d)