Chapter 33.1 Key Terms by:Johnathan Engleking

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Across
  1. 3. Risk that meets an insurance company's criteria for coverage
  2. 7. cannot be controlled
  3. 8. the rusk of harm caused by human mistakes
  4. 10. the possibility of a catastrophe cause by a flood, tornado, hurricane, fire etc
Down
  1. 1. chance of loss with no gain
  2. 2. when conditions can controlled to minimize the chance of harm
  3. 3. paid protection against loss
  4. 4. risk that does NOT meet and insurance company's criteria for coverage
  5. 5. when there is likelihood of economic loss
  6. 6. the systemic process of managing risk to achieve your objective.
  7. 9. the possibility of loss or injury