hdaywaltjr hdaywaltjr
  • 03-07-2022
  • Business
contestada

in insurance Dishonest tendencies that increase the probability of loss are what types of hazard?

Respuesta :

ogorwyne
ogorwyne ogorwyne
  • 04-07-2022

Moral hazards are the insurance Dishonest tendencies that increase the probability of loss.

What is a moral hazard?

This is a term that is used to refer to a type of hazard that happens based on the fact that  person has risks that could have a negative effect on another.

When the person does not ,make decisions based on what is right but rather on what they hope to give them the greatest benefit.

Read more on moral hazard here:

https://brainly.com/question/15084670

#SPJ1

Answer Link

Otras preguntas

Shaw Hagan was ordered to peel 200 potatoes. So far he has peeled 30% of the potatoes.How many more potatoes does Shaw still have to peel
An older person is nine years older than four times the age of a younger person for some of their age is 34 find their ages
Find the value of each variable X and Y
What position would be the lowest paid in a technology company? A customer service representative B shift supervisor C sales manager D ceo
convert 54.0L to cm3
Act fast and take advantage of the amazingly low prices at our fabulous labor day sale
What metric unit of length would be best for measuring the length of a staple? kilometer millimeter meter
What does Newton's first law of motion state? (3 points) a Every action has an equal and opposite reaction. b A body at rest will stay at rest until it is acted
Three more than twice a number is nine
20 points can someone help?