A-1 Electrical Service Is an Electrical Contractor That Employs 14

question 41

Multiple Choice

A-1 Electrical Service is an electrical contractor that employs 14 electricians.A-1 faces many loss exposures.One general liability exposure arises out of faulty work that A-1 electricians may perform for customers at their homes or businesses.This liability exposure is known as

• A)premises and operations liability.
• B)products liability.
• C)completed operations liability.
• D)contingent liability.

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Definitions:

Percent

A way to express a number as a fraction of 100, symbolized by the "%" sign.

Result

The final outcome or answer obtained from a calculation or experiment.

Increased By

A term indicating that a certain value has been added to the original amount, leading to a higher total.

Percent

A unit of measure that represents one hundredth of a whole, commonly used to describe proportions.