Multiple Choice
Which of the following is an adequate definition of liability insurance?
A) Liability insurance protects commercial firms against perils similar to home-owners' multiple peril insurance.
B) Liability insurance protects against theft or damage of commercial vehicles.
C) Liability insurance protects against liabilities relating to business operations of firms.
D) Liability insurance protects commercial firms against perils similar to home-owners' multiple peril insurance and protects against liabilities relating to business operations of firms.
Correct Answer:
Verified
Correct Answer:
Verified
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