When Authority Is Delegated, So Should Commensurate

question 9

Multiple Choice

When authority is delegated, so should commensurate

• A) training
• B) responsibility
• C) command
• D) liability

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Definitions:

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.

Broad Range

Refers to an extensive variety or a wide spectrum of items, ideas, or options available.

Risks

The possibility of suffering harm, loss, or a negative outcome as a result of engaging in an activity or decision.

Moral Hazard

The increase in risk-taking behavior when an individual or entity is protected from the consequences, typically in an insurance or financial context.