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What is a peril in the context of risk and insurance?a)The chance of lossb)A condition that increases the likelihood of lossc)The direct cause of a lossd)The increase in risk due to dishonestyCorrect answer is option 'C'. Can you explain this answer? for B Com 2025 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is a peril in the context of risk and insurance?a)The chance of lossb)A condition that increases the likelihood of lossc)The direct cause of a lossd)The increase in risk due to dishonestyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is a peril in the context of risk and insurance?a)The chance of lossb)A condition that increases the likelihood of lossc)The direct cause of a lossd)The increase in risk due to dishonestyCorrect answer is option 'C'. Can you explain this answer?.

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