Which of the Following Is a True Statement

question 13

Multiple Choice

Which of the following is a true statement?

• A) As a hospitality operator, you have a responsibility to take reasonable steps to safeguard the personal property that guests bring with them onto your premises.
• B) As a hospitality operator, it is not your responsibility to take reasonable steps to safeguard the personal property that guests bring with them onto your premises.
• C) As a hospitality operator, your guests are not expected to take reasonable steps to safeguard their personal property, they bring with them onto your premises.
• D) As a hospitality operator, you do not need to take any steps to safeguard the personal property that guests bring with them onto your premises.

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Definitions:

Financial Risk

The risk of experiencing financial loss from an investment or business endeavor.

Insurable Risk

A risk that meets the criteria of an insurance policy, meaning it is possible to calculate both the probability and the potential cost of the risk.

Uninsurable Risk

A risk that is not acceptable for insurance coverage due to its high likelihood of loss.

Interest Rate

Interest Rate is the percentage charged on the total amount borrowed or earned, serving as the cost of borrowing or the reward for saving.