To Insure Their Assets Against Hazards Such as Fire,storm Damage,vandalism,earthquakes,and

question 51

Multiple Choice

To insure their assets against hazards such as fire,storm damage,vandalism,earthquakes,and other natural and environmental risks,firms commonly purchase:

• A)key personnel insurance.
• B)business liability insurance.
• C)business interruption insurance.
• D)property insurance.

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Definitions:

Ethics Officer

A professional responsible for developing, implementing, and overseeing policies and procedures to ensure ethical behavior within an organization.

FSGO Guidelines

A set of standards provided by the Federal Sentencing Guidelines for Organizations, aimed at deterring misconduct and promoting ethical behavior in businesses.

Duties

Obligations or tasks that an individual is bound to perform, either legally or morally.

Code of Ethics

A formal document that outlines an organization's values, principles, and standards for professional conduct.