Examlex
In this decision-making method,group members voice their feelings and opinions,but the final decision is made by the boss or leader.
Fire Insurance Policy
A contract between an insurer and policyholder that provides coverage against fire damage to property or goods.
Transferring Risk
The act of shifting the potential for loss or damage from one party to another, often achieved through insurance contracts or hedging.
Shifting Liability
The act of transferring the responsibility for a loss or damage from one party to another.
Comprehensive General Liability
Insurance that covers a business for bodily injury, personal injury, and property damage caused by the company's operations, products, or injuries that occur on the company's premises.
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Q66: Risk avoidance is always the best policy.