Chapter 33.1 Key Terms Created by: Dunia Pacheco

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Across
  1. 1. risk is the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people
  2. 5. is paid protection against loss due to injury or property damage.
  3. 6. risk is a risk that meets an insurance company's criteria for insurance coverage.
  4. 8. risk occurs when conditions can be controlled to minimize the chance of harm.
  5. 9. Management is the systematic process of managing risk to achieve your objectives.
  6. 10. Risk occurs when there is likelihood of economic loss.
Down
  1. 2. risk can not be controlled.
  2. 3. risk is a risk that is unacceptable to insurance carriers.
  3. 4. Risk is the threat of a loss with no opportunity of gain.
  4. 7. Risk is the possibility of a catastrophe caused by a flood, tornado etc.