Defective electrical wiring that may lead to a fire is an example of a:
A) named peril
B) morale hazard
C) speculative risk
D) physical hazard
Correct Answer:
Verified
Q4: Which of the following is a true
Q5: Proximate cause means:
A) the first insured peril
Q5: If an individual causes a loss intentionally,we
Q8: All the following are direct losses except:
A)
Q9: "Cash flow underwriting" refers to:
A)a combined ratio
Q10: Smoking cigarettes is an example of:
A)moral hazard
B)morale
Q11: Which of the following potential losses is
Q12: The aggregate increased cost to society of
Q13: All the following are direct losses except:
A)
Q28: A difference between a contract issued on
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