Which of the Following Liability Risks Would Be Adequately Managed

question 44

Multiple Choice

Which of the following liability risks would be adequately managed by errors and omissions insurance?

• A) liabilities arising from the performance of obligations of corporate directors and officers
• B) liabilities arising from negligence in the provision of professional services
• C) the insured's portion of the loss that is insured against out of his or her own assets
• D) the cost of the environmental cleanup of the insured's property arising from business activities

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Definitions:

Soil Erosion

Soil Erosion is the displacement of the upper layer of soil, it is a process that can be caused by wind, water, and activities of people and animals.

Germination

The method through which a plant develops from a seed or a comparable entity.

Ultraviolet Radiation

A form of electromagnetic radiation with wavelengths shorter than visible light, capable of causing damage to living tissue.

Infrared Radiation

Infrared radiation is a type of electromagnetic radiation that is invisible to the human eye but can be felt as heat.