Exam (elaborations)
CALIFORNIA Life, Accident and Health
- Course
- Institution
A moral hazard - Answer- is a dishonest person (lacking in morals) A morale hazard - Answer- a careless person. A peril - Answer- is a cause of loss Pure risk - Answer- is insurable & includes only a chance of loss. The highest premium - Answer- would be found with a substandard risk cl...
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