Question: A peril is the probability that a loss will occur. the cause of a loss. a condition that increases the chance of a loss. a

A peril is

the probability that a loss will occur.

the cause of a loss.

a condition that increases the chance of a loss.

a moral hazard.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!