Author Question: Carelessness or indifference to a loss is an example of A) physical hazard. B) objective ... (Read 327 times)

NguyenJ · **on:** Jul 11, 2018

Carelessness or indifference to a loss is an example of

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

Question 2

Which of the following statements about a priori probabilities is correct?

A) They are subjective probabilities based on ambiguity in the way probability is perceived.
B) They are subjective probabilities that may vary among individuals because of factors such as age, gender, education, and the use of alcohol.
C) They are objective probabilities that can be determined by deductive reasoning.
D) They are objective probabilities that can be determined by subjective reasoning.