Chapter 33.1 key terms created by Ryan Hanson

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Across
  1. 4. risk when there is likelihood of economic loss
  2. 8. risk the possibility of a catastrophe caused by a flood,tornado, lightening and drought
  3. 9. risk the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people
  4. 10. risk cannot be controlled
Down
  1. 1. risk the threat of a loss with no opportunity for gain
  2. 2. risk when conditions can be controlled to minimize the chance of harm
  3. 3. the possibility of loss or injury
  4. 5. paid protection against loss due to injury or property damage
  5. 6. risk a risk that is unacceptable to insurance carriers
  6. 7. risk a risk that meets an insurance companys criteria for insurance coverage