Which of the following represent diversifiable risks?
1. The president of a company suddenly resigns.
2. The economy goes into a recessionary period.
3. A company's product is recalled for defects.
4. The Federal Reserve unexpectedly changes interest rates.
A. 1, 2, and 3 only.
B. 1, 2, 3, and 4.
C. 2 and 4 only.
D. 1 and 3 only.
E. 1, 2, and 4 only.