Which of the Following Types of Insurance Should a Business

question 47

Multiple Choice

Which of the following types of insurance should a business manager purchase to obtain protection against a broad range of risks?

• A) A commercial general liability policy
• B) A business tort policy
• C) A litigation commercial policy
• D) An economic protection policy
• E) A business approved policy

Understand the ethical and legal considerations in forensic evaluations.

Grasp the necessity of informed consent in test administration.

Recognize the role of accreditation standards in guiding curriculum and best practices in psychological assessment.

Connect laws and acts to their respective descriptions, appreciating their implications on assessment, confidentiality, and accommodation.

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Definitions:

Income Statement

A financial report that shows the company's revenues, expenses, and profits over a specific period of time.

Sales Revenues

The total income a business receives from selling goods or services before any expenses are deducted.

Cash Collected

The total amount of money received by a company, typically over a specific period, including revenues from sales, investments, and financing activities.

Period

A length of time during which a series of events or an action takes place or is completed.