How Many Out of Every 10 Organizations Have Suffered Disasters

question 37

Multiple Choice

How many out of every 10 organizations have suffered disasters?

• A)2
• B)3
• C)7
• D)8

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Definitions:

Assignee

The party to whom rights or interests are transferred by another, often used in context of contracts, leases, or other agreements.

American Rule

A legal principle stating that each party in a lawsuit is responsible for paying its own attorney fees, except as otherwise provided by statute or contract.

English Rule

A legal principle where the losing party in litigation is required to pay the legal costs of the winning party.

Obligor

A party that is bound by a legal obligation to another, known as the obligee.