All of the following are examples of conditions affecting physical hazards of a risk, except one. Choose the exception.

Conditions that affect physical hazards of a risk relate specifically to the tangible aspects of a property or the environment that can contribute to the likelihood of a loss. Building construction, occupancy, and housekeeping are all factors that directly influence the physical characteristics of a property.

Building construction refers to the materials and methods used to construct a building, which can determine its vulnerability to various hazards such as fire or structural failure. Occupancy considers how a space is used, which can impact risk levels—for example, a warehouse storing hazardous materials would present a different risk compared to a standard office space. Housekeeping involves the maintenance and cleanliness of a property, which can affect fire risks and general safety hazards.

In contrast, financial conditions do not pertain to the physical state or characteristics of the property itself. While financial stability can influence the ability to maintain a property or the overall management of risk, it does not directly impact the physical hazards associated with the risk. Thus, it stands out as the exception among the other choices provided, as it relates more to the economic aspects rather than the physical conditions of the risk.