Q853
What does moral hazard indicate?
A.
The possibility that client would undertake dangerous expeditions after taking a policy
B.
The possibility of ending own life or the life of another
C.
Both the above instances
AnswerD.
None of the three
Answer: Option C
Solution
Answer: Option C
Solution:
Moral hazard indicates that the possibility that client would undertake dangerous expeditions after taking a policy and the possibility of ending own life or the life of another.