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In the Context of the Legal Obligation of Sellers to Pay

Question 152

Multiple Choice

In the context of the legal obligation of sellers to pay damages to individuals,product liability settlements ______.


A) may exceed a company's insurance coverage but not its total assets
B) may exceed not only a company's insurance coverage but its total assets
C) never exceed a company's insurance coverage or its total assets
D) never exceed three-fourths of a company's insurance coverage
E) are always too small to make a difference to the company's total assets

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