Final answer:
The correct answer is Hazard.
Step-by-step explanation:
The correct answer to the question is b) Hazard.
Hazard refers to a condition that may increase the chance of a loss resulting from a given cause of loss. In the context of insurance, a hazard can be anything that increases the likelihood of a loss occurring, such as a physical condition, a behavior, or a characteristic of the insured property or person. For example, if a building is located in an area prone to earthquakes, that would be considered a hazard and may increase the chance of a loss resulting from an earthquake.