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10. What are perils? a. Causes of losses from nature only b. Causes of losses from human behavior loss only c. Theft and mold are
10. What are perils? a. Causes of losses from nature only b. Causes of losses from human behavior loss only c. Theft and mold are not perils d. All causes of losses - all inclusive e. Only hazards 11. A person is willing to pay a premium that is greater than the average loss in return for security. a. risk seeking b. speculative c. risk neutral d. risk averse e. irrational
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