069 Homework. Unanswered. Due Aug 31st, 4:59 AM Which of the following statements correctly differentiate between perils and hazards? Select an answer and submit For keyboard navigation, use the up/down arrow keys to select an answer. a Perils refer to the number of losses during a specified period and hazards refer to the average dollar value of a loss per occurrence. b Both perils and hazards are causes of loss; perils are tangible, hazards are intangible. Perits are causes of loss; hazards are conditions that increase perils d Perils are diversifiable risks; hazards are nondiversifiable risks. e Perils are consequences of losses, hazards are cause of losses