Multiple Choice
Match the term with its definition.
-Wrongful acts or omissions for which an injured party can take legal action against the wrongdoer for monetary damages
A) business interruption insurance
B) funds transfer fraud
C) indemnification clause
D) key-person life insurance
E) personnel risks
F) reasonable (prudent person) standard
G) torts
H) workers' compensation insurance
I) workers' compensation legislation
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Commercial general liability insurance covers<br>A) business interruption
Q4: The nature of business risk can be
Q5: Match the term with its definition.<br>-A managed-care
Q6: Self-insurance requires designating part of a firm's
Q7: Real property risks include damage to buildings.
Q9: Which of the following statements about health
Q10: Match the term with its definition.<br>-A loss
Q11: An insurance agent should provide information in
Q12: A managed-care network providing health insurance that
Q13: When considering the feasibility and affordability of