Diversifiable risks:

A) Are measured by beta.
B) Affect the entire market.
C) Are systematic in nature.
D) Are rewarded in the market place.
E) Are also referred to as unique risks.

Diversifiable risks, also known as unsystematic risks, are specific to a company or industry and can be reduced through diversification. They are not rewarded in the market because investors can mitigate these risks by holding a diversified portfolio of assets. Beta measures systematic risk, not diversifiable risk. Systematic risks affect the entire market and are not diversifiable.