33.1 Key Terms Created by: Jackson Nay

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Across
  1. 1. threat of a loss with no chance for gain
  2. 9. risk unacceptable to carriers that is too high
  3. 10. risk of harm caused by human mistakes
  4. 11. when risk cannot be controlled
Down
  1. 2. possibility of loss or injury
  2. 3. systemic process of managing risk to achieve objectives
  3. 4. likelihood of economic loss
  4. 5. possibility of a catastrophe caused by natural disasters,power outages, oil spills, arson, terrorism, and war
  5. 6. occurs when conditions can be controlled to minimize chance of harm
  6. 7. paid protection against loss due to injury or property damage.
  7. 8. risk that meets criteria for insurance coverage