[amp_mcq option1=”Peril, uncertain, creation” option2=”An event, certain, creation” option3=”Risk, hazardous, profit” option4=”An event, random, creation” correct=”option1″]
The correct answer is: A. Peril, uncertain, creation.
A peril is an event that can cause loss or damage. It is uncertain because it is not known when or if it will occur. It is not a creation of the insured person because it is something that happens outside of their control.
The other options are incorrect because:
- An event is not necessarily uncertain. For example, a birthday is an event that is certain to occur.
- Risk is not necessarily hazardous. For example, the risk of winning the lottery is not hazardous.
- Profit is not necessarily a creation of the insured person. For example, the profit from a business is not something that the business owner creates.