Exam (elaborations)
CALIFORNIA Life, Accident and Health final exam Accurate 100%
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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 classificati...
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