Carelessness or indifference to a loss is an example of

A) physical hazard.
B) objective probability.
C) moral hazard.
D) attitudinal hazard.

Answer: D

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According to the text, environmental elements over which management does have some control—including competitive, labor, and financial forces—are called internal forces.

a. true b. false

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A lease on agricultural land cannot exceed:

a. 15 years b. 37 years c. 51 years d. 99 years

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