The chance of a loss that can be accurately calculated,because ample empirical data is available or because a good mathematical model has been developed,is called ____________________ risk.
Correct Answer:
Verified
Q61: Hull insurance rates are dependent upon the
Q62: An insurance contract is legally binding only
Q63: It is impossible to get insurance for
Q64: Most cargo sent by air has _
Q65: Protection and _ is a form of
Q67: An act of disobedience or willful misconduct
Q68: Some cargoes,such as athletic shoes,cellular telephones,and computer
Q69: Traditionally,shippers of higher-value cargo will ask that
Q70: Some products have a natural propensity to
Q71: Cargo of exceptional dimensions such as large
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents