Some characteristics of the judicial system and regulatory environment increase the frequency and severity of loss. This hazard is called

A) moral hazard.
B) physical hazard.
C) attitudinal hazard.
D) legal hazard.

Answer: D

Business

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A licensee who violates the federal telephone solicitation law may be fined up to $10,000 per call. True or False?

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A business realizes a net profit of $3 million and a return on assets of 6%. The total assets of the business will be ________

A) $5 million B) $20 million C) $18 million D) $50 million E) $36 million

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