Which one of the following is a condition of carelessness or

Which one of the following is a condition of carelessness or indifference that increases the frequency or severity of a loss?

Select one:

a. Moral hazard

b. Physical hazard

c. Peril

d. Morale or attitudinal hazard

Solution

d.morale or attitudinal hazard.

it is the morale or attitudinal hazard which increases the frequency or severity of a loss.

physical hazard is a physical condition which may increase the frequency of loss.

moral hazard refers to personal traits which may affect frequency or severity of loss.

Perils are the causes of losses, (floods, earthquakes etc).