Exam (elaborations)
Property and Casualty Insurance Test Questions & Answers(RATED A+)
- Course
- Institution
What is a peril? - ANSWER A Peril is a cause of loss What is a hazard? - ANSWER Something that increases the chance of a loss What is the difference between a Moral hazard and a Morale Hazard? - ANSWER Moral Hazard - dishonesty, against the law Morale Hazard - carelessness What is the met...
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