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hazards decrease the probability of a loss, while exposures represent the cause of a loss. true false

User Harjot
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3 votes
False.

In risk management, hazards refer to the potential sources or situations that can lead to a loss or harm, while exposures refer to the vulnerabilities or the presence of assets, people, or activities that are subject to those hazards. Hazards increase the probability of a loss, while exposures represent what is at risk. Both hazards and exposures are important considerations in assessing and managing risks.
User Melanee
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