Cutting Edge Corporation Makes and Sells Knives, Scissors, Garden Shears

question 31

Multiple Choice

Cutting Edge Corporation makes and sells knives, scissors, garden shears, and other cutting devices. To cover injuries to consumers if the products prove defective, Cutting Edge should obtain

• A)malpractice insurance.
• B)key-person insurance.
• C)liability insurance.
• D)life insurance.

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Definitions:

Lice

Parasitic insects that infest the hair and skin of humans and animals, causing itching and discomfort.

Direct Transfer

A method of electronically moving funds from one account to another without the need for paper checks or cash handling.

Indirect Contact

The spread of disease through touching surfaces or objects contaminated by an infected person, instead of direct physical contact.

Pinworms

Small, parasitic worms that infect the intestines, especially in children, causing itching and discomfort around the anus.