Defective house wiring is an example of a

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Quizplus · Accepted Answer

Defective house wiring is a hazard, as it poses a potential threat to the safety of the occupants of the house. Hazards refer to conditions or situations that have the potential to cause harm or loss. Peril refers to the actual cause of the loss or damage, while risk refers to the likelihood of the loss or damage occurring. Speculation is the act of investing in a venture with high risk but with the potential for significant gain. Negligence refers to a failure to take reasonable care or precautions, which can lead to harm or loss.

Defective House Wiring Is an Example of a