A situation in which a person can experience only a loss and no gain presents what type of risk?

In the context of risk types, a situation where an individual can only experience a loss and no potential for gain is referred to as pure risk. This type of risk is characterized by the fact that it only encompasses scenarios where there is a possibility of loss, such as in incidents of natural disasters, theft, or fire damage.

Pure risks do not allow for any chance of profit or financial gain; they are typically insurable risks because they involve uncertainties that are essentially negative in nature. For instance, if a person's house is damaged due to a fire, the situation presents a pure risk: there is a loss due to the fire, but no opportunity for gain arises from that event.

Dynamic risk, on the other hand, involves risks that change over time, often associated with changes in the economy or technological advancements. Speculative risk includes scenarios where there is both a potential for loss and a possibility of profit, such as gambling or investing in stocks. Managed risk implies a strategy to handle or mitigate risk, which does not specifically reference the potential for loss without gain. Thus, the nature of pure risk exclusively aligning with the definition of experiencing loss without any potential gain solidifies its status as the correct answer.