Joan Stone owns a home in Edmond, Oklahoma. She is worried her property might be damaged due to some unforeseen event. This worry about a loss is an example of:
A. a peril.
B. a hazard.
C. a risk.
D. a premium
A risk is a potential exposure to unforeseen danger that hasn't happened in the current time , and it's common for individuals to protect themselves for such event ( That's why people buy insurance)