Who Is Most Commonly to Blame When People Incur a Significant

question 3

Multiple Choice

Who is most commonly to blame when people incur a significant loss from a natural disaster?

• A) the U.S. Army Corps of Engineers for not building protective structures
• B) the federal government for not doing something about it
• C) the people themselves for choosing to live there
• D) the local county for permitting them to build there
• E) the realtor for selling them the property

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Definitions:

Personally Liable

means an individual is legally obligated to pay a debt or damages out of their own assets.

Obligations

Obligations are legal or moral duties that a person or entity is required to fulfill, including contractual commitments or the requirement to compensate for harm caused by one's actions.

General Partnership

See partnership.

Personally Liable

Being directly responsible for a debt or obligation, such that one's personal assets can be pursued by creditors.