Ted Thomas Is Risk Manager of XYZ Company

question 38

Multiple Choice

Ted Thomas is risk manager of XYZ Company.He is concerned his company might be sued by current or former employees alleging wrongful termination,failure to promote,racial or gender discrimination,or sexual harassment.What type of liability insurance can Ted purchase to cover these types of claims?

• A)workers compensation insurance
• B)employer liability insurance
• C)employment-related practices liability insurance
• D)directors and officers liability insurance

---

Definitions:

Mid-Sized Firm

A business that occupies a middle ground in terms of market share or workforce, usually larger than small enterprises but smaller than large corporations.

International Corporation

A domestic firm that uses its existing capabilities to move into overseas markets.

Cultural Environment

The communications, religion, values and ideologies, education, and social structure of a country