A peril is defined as:
A)the proximate cause of the loss
B)the chance a loss will occur
C)a morale hazard
D)a contingency that increases the chance of a loss

Name: A peril is defined as: A)the proximate cause of the loss B)the chance a loss will occur C)a morale hazard D)a contingency that increases the chance of a loss
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Question

Quizplus · Accepted Answer

A peril is the proximate cause of the loss, meaning it is the direct cause of the loss event.

A Peril Is Defined As