The risk of a person behaving negligently because he or she has insurance coverage is associated with which of the following?
A) Household risk
B) Moral hazard
C) Morale hazard
D) Pure risk
E) None of the above
Correct Answer:
Verified
Q15: Why are most exposures pure risks?
A)The loss
Q16: What is business risk?
A)A risk that carries
Q17: Which of the following is used to
Q18: The actions of stockholder-owned insurance companies:
A)May conflict
Q19: Which of the following homeowner's policies covers
Q21: Coverage of losses to you or your
Q22: Which of the following equations is accurate?
A)Insurance
Q23: The minimum coverage generally associated with umbrella
Q24: Under the Consolidated Omnibus Budget Reconciliator Act
Q25: Modified no-fault insurance:
A)May use the traditional tort
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