Accountancy, asked by sushilcommunication1, 1 month ago

2. What are the features of a peril?

(A)Peril does not preserve assets against loss.

(B)A peril cannot be avoided through insurance

(C)A peril may not always cause loss or damage. E.G. A mild earthquake may not cause loss.

(D)All the above​

Answers

Answered by studytosuccess19
18

Answer:

Features of peril

Explanation:

Hazard in the Insurance Industry: An Overview. The words "peril' and "hazard" may seem virtually synonymous but they mean very different things in the insurance industry. A peril is a potential event or factor that can cause a loss, such as the possibility of a fire that could engulf a house.

Answered by ItzAviLegend
3

Answer:

a peril May not always cause or damage.ega a mind earthquake May not cause loss

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