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Which of the Following Is Not True About Liability Risks

Question 54

Multiple Choice

Which of the following is not true about liability risks?


A) Liability risk is where the firm may be legally responsible for the harm it causes to another person.
B) Liability risks are sometimes overlooked due to their intangible nature.
C) Only a breach of contract and criminal acts can lead to liability risk for a firm.
D) A tort can lead to a liability risk.

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