Examlex
Which of the following capital budgeting proposals is most likely to display a conflict of interests?
Obligations
Duties or responsibilities enforced by law, contract, or a sense of duty that compel someone to act or refrain from acting in a certain manner.
Disability
A physical or mental condition that significantly restricts one's ability to perform one or more major life activities.
Life Insurance
A contract between a policy owner and an insurance company that requires the insurance company to pay a designated beneficiary a sum of money upon the occurrence of the insured’s death.
Commercial General Liability
Insurance coverage that protects businesses against claims of bodily injury, property damage, and personal and advertising injury that may arise from its operations.
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