A Person Who Would Suffer a Direct Pecuniary Loss If

question 21

Multiple Choice

A person who would suffer a direct pecuniary loss if a particular piece of property were destroyed has a(n) :

• A) contractual risk.
• B) hazard.
• C) underwriting.
• D) insurable interest.

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Definitions:

Standard Deviation

A statistical measurement that depicts how spread out the numbers in a data set are around the mean.

Throwing A Dart

The action of propelling a small, pointed missile towards a target, typically on a dartboard.

Standard Deviation

A method for quantifying how much data values diverge or are dispersed from each other.

Errors

Mistakes or inaccuracies in data, calculations, or judgments that can affect the outcome or interpretation of a study or experiment.