A condition that may increase either the severity or frequency of an economic loss is: A. Adverse

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A condition that may increase either the severity or frequency of an economic loss is:

A. Adverse selection.

B. Hazard.

C. Peril.

D. Risk.

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Essentials Of Personal Financial Planning

ISBN: 9781945498237

1st Edition

Authors: Susan M. Tillery, Thomas N. Tillery

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Question Posted: Apr 08, 2024 02:00 AM

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A condition that may increase either the severity or frequency of an economic loss is: A. Adverse

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The correct answer is B Hazard Explanation A hazard is a condition or situation that increases ...View the full answer

Essentials Of Personal Financial Planning

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