Peril is
a. subjective probability.
b. a physical condition that increases the chance of loss.
c. a situation where either profit or loss is possible.
d. the cause of loss.
Ans: d. the cause of loss.
Business
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A quit claim deed is generally used to.
A. Warrant the seller owned the property B. Convey only a fee simple title C. Remove a cloud on the title D. Make warranties by the grantor with liability for defective title
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________ analysis involves comparison of current to past performance and the evaluation of developing trends
A) Time-series B) Cross-sectional C) Marginal D) Break-even
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