Carelessness or Indifference to a Loss Is an Example of

question 30

Multiple Choice

Carelessness or indifference to a loss is an example of

• A)physical hazard.
• B)objective probability.
• C)moral hazard.
• D)attitudinal hazard.

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Definitions:

Horizontal Axis

In graphs and charts, this axis typically represents the independent variable or time period under examination.

Vertical Axis

The “up-down” or “north-south” measurement line on a graph or grid.

After-Tax Income

The amount of income left to an individual or business after all federal, state, and local taxes have been applied.

Consumption

The process by which goods and services are used up or utilized by individuals or entities.