Which of these choices is not possible with speculative risk?
• Breaking even
• Guaranteed success
• Financial loss
• Financial gain
Guaranteed success is not possible with speculative risk.
The choice that is not possible with speculative risk is "Guaranteed success."
To determine which choice is not possible with speculative risk, we need to know what speculative risk is. Speculative risk refers to the possibility of both gain and loss in an investment or business decision.
Breaking even is possible with speculative risk because it means that the investment or decision neither resulted in a financial gain nor a financial loss. Therefore, breaking even is a valid outcome.
Guaranteed success is not possible with speculative risk. Speculative risk always involves uncertainty and unpredictability. There is no guarantee of success in speculative risk because there is always a chance of failure or financial loss.
Financial loss is possible with speculative risk. Since speculative risk involves uncertainty and the possibility of loss, experiencing a financial loss is a potential outcome.
Financial gain is also possible with speculative risk. Speculative risk offers the opportunity for gains or profits if the investment or decision turns out favorably.
Therefore, the choice that is not possible with speculative risk is "Guaranteed success."