What type of risk is indicated by Gerry's restaurant losing revenue due to a power failure caused by a mechanical digger?

The situation described involves Gerry's restaurant losing revenue due to a specific event— a power failure caused by a mechanical digger. This type of risk is classified as a particular risk because it arises from individual or localized events that affect specific entities rather than the whole community.

Particular risks are those unique to a specific business or individual and are not generally to be faced by many at the same time. In this scenario, the power failure does not inherently impact the economy or the market as a whole but specifically affects Gerry's restaurant's ability to operate and generate revenue.

Fundamental risks, on the other hand, affect large segments of the population or the entire economy (such as natural disasters or economic recessions). Pure risks refer to situations that can only result in a loss (such as the potential for property damage), while speculative risks involve the chance of either gain or loss (such as investing in the stock market). In this case, the loss of revenue is not a speculative event because it solely involves the restaurant's operational failure due to an external factor, thus aligning it closely with the characteristics of a particular risk.