Which of the Following Is Not True About Liability Risks

question 54

Multiple Choice

Which of the following is not true about liability risks?

• A) Liability risk is where the firm may be legally responsible for the harm it causes to another person.
• B) Liability risks are sometimes overlooked due to their intangible nature.
• C) Only a breach of contract and criminal acts can lead to liability risk for a firm.
• D) A tort can lead to a liability risk.

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Definitions:

Coded

In research, referring to the transformation of data into a format that can be systematically sorted and analyzed while retaining meaningful information.

Emotionally Healthy Adult

An individual who has achieved a successful balance of recognizing, accepting, and managing their emotions effectively while engaging in healthy relationships.

Allport's Six Criteria

A set of characteristics identified by psychologist Gordon Allport to describe the nature of mature, healthy personality, including extension of the sense of self and emotional security.

Proprium

Proposed by Gordon Allport, it refers to all aspects of a person's self that make for unity and consistency over time.