Solved

A Burglar Enters Marcia's Home and Steals $10,000 Worth of Appliances

Question 54

Multiple Choice

A burglar enters Marcia's home and steals $10,000 worth of appliances. Marcia tells the insurance company that the appliances were worth $20,000. This overstatement of the loss is an example of:


A) a morale hazard
B) a peril
C) insurance fraud
D) carelessness

Correct Answer:

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