menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 23: Managing Risk
  5. Question
    The Idea Behind an Indemnification Clause Is to Shift the Responsibility
Solved

The Idea Behind an Indemnification Clause Is to Shift the Responsibility

Question 90

Question 90

True/False

The idea behind an indemnification clause is to shift the responsibility to the party with the most control over the risk exposure.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q85: Securing insurance coverage for all major potential

Q86: Match the term with its definition.<br>-Land and

Q87: Quentin is getting quotes for insurance on

Q88: The pure risks that any business faces

Q89: Damage to a building by flooding is

Q91: One risk that small businesses normally cover

Q92: Match the term with its definition.<br>-Ways of

Q93: As a rule, only _ risk is

Q94: Match the term with its definition.<br>-The possibility

Q95: Self-insurance simply means having no insurance.

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines