A Homebuilder Who Disposed of Asbestos Shingles by Burying Them

question 80

Multiple Choice

A homebuilder who disposed of asbestos shingles by burying them on the buyer's property may please the home buyer because it is a less expensive means of disposal but will be punished by various legal agencies if any become aware of the crime. At which stage of the social responsibility pyramid is the builder most likely operating?

• A) ethical
• B) economic
• C) stakeholder
• D) legal

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Definitions:

Coinsurance Clause

A provision in an insurance policy that determines the percentage of the cost a policyholder is responsible for after the deductible is met.

Insurance Coverage

The amount and type of protection provided by an insurance policy against various risks or damages.

Coinsurance Clause

A provision in insurance policies requiring the policyholder to bear a portion of the costs of a claim, promoting shared risk.

Fire Damages

Destruction or damage inflicted to property, goods, or assets due to fire.