Multiple Choice
Match the term with its definition.
-Laws that obligate an employer to pay employees for injury or illness related to employment, regardless of fault
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
Q113: Risk is the "possibility of suffering harm
Q114: Business interruption insurance is<br>A) required as part
Q115: Actual cash value (ACV) refers to the
Q116: Philip leases retail space in a building
Q117: Risk retention entails financing all or part
Q119: Dan bought a $500,000 marina two years
Q120: Match the term with its definition.<br>-Any property
Q121: A coinsurance clause requires a business owner
Q122: Match the term with its definition.<br>-Coverage for
Q123: Typically, insurance premiums to cover employee lawsuits