Which of the Following Types of Legal Liability Coverage Is

question 34

Multiple Choice

Which of the following types of legal liability coverage is most likely to have a "long tail" problem,and thus be insured under a claims-made contract?

• A)water craft liability
• B)auto liability
• C)contractual liability
• D)products liability

Describe the rational model of decision making and its importance.

Explain how organizations can facilitate creative decision making.

Identify the impact of culture on decision-making processes.

Explain why escalation of commitment occurs in decision making.

---

Definitions:

Pupa

A developmental stage of some insects, occurring after the larva stage and before adulthood, during which the organism undergoes significant transformation.

Embryonic Stage

The phase of prenatal development that occurs from fertilization until the end of the eighth week, where major structures and organ systems begin to form.

Prenatal Development

The process of growth and development within the womb, from conception to birth.

Conception

The process of becoming pregnant involving an egg being fertilized by sperm, or the moment at which a new, unique organism begins to form.