Contingency Planning Is Generally Begun at That Point in Time

question 18

True/False

Contingency planning is generally begun at that point in time when an organization finds itself in serious financial trouble.

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Definitions:

Property Damage

Physical injury to, destruction of, or loss of use of physical property.

Professional Liability

Professional liability involves the legal responsibility of professionals, such as doctors or lawyers, to compensate for harm caused by their negligence or errors in service.

Specific Professions

Particular occupations or lines of work that require special training, education, or skill.

Commercial General Liability Policy

A policy that generally provides protection for the insured for bodily injury, as well as for third parties for property injury.