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Author Question: Taylor Tobacco Company is concerned that the company may be held liable in a court of law and ... (Read 485 times)

melly21297

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on: Jul 11, 2018
Taylor Tobacco Company is concerned that the company may be held liable in a court of law and ordered to pay a large damage award to a smoker harmed by the company's cigarettes.
 
  The characteristics of the judicial system that increase the frequency and severity of loss are known as
  A) moral hazard.
  B) particular risk.
  C) speculative risk.
  D) legal hazard.

Question 2

An earthquake is an example of a(n)
 
  A) moral hazard.
  B) peril.
  C) physical hazard.
  D) objective risk.


AmberC1996

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: B


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melly21297

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Reply #2 on: Jul 11, 2018
Correct answers!


AmberC1996

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Reply #3 on: Jul 11, 2018
Great! Please up vote :D


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