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Hubert UMasterson,IV Is the President of a Buzzer,Inc

Question 136

Multiple Choice

Hubert U.Masterson,IV is the president of a Buzzer,Inc.,an automobile manufacturer.Hubert is concerned about the possibility of shareholders suing him for his executive decision-making regarding the continued production of large sport-utility vehicles that average ten miles per gallon,at a time when gasoline prices are at record highs.Hubert urges the company to purchase insurance to guard against his potential personal liability to shareholders in the context of his executive decision-making.If the company agrees to purchase insurance for William,what type of policy should it consider?


A) business interruption insurance
B) directors' and officers' liability insurance
C) professional malpractice insurance
D) key-person insurance
E) product liability insurance

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