Which of the Following Is an Adequate Definition of Liability

question 42

Multiple Choice

Which of the following is an adequate definition of liability insurance?

• A)Liability insurance protects commercial firms against perils similar to home-owners' multiple peril insurance.
• B)Liability insurance protects against theft or damage of commercial vehicles.
• C)Liability insurance protects against liabilities relating to business operations of firms.
• D)Liability insurance protects commercial firms against perils similar to home-owners' multiple peril insurance and protects against liabilities relating to business operations of firms.

---

Definitions:

Evolutionary History

The study of the development of life on Earth over millions of years, including the processes that have shaped the diversity of life.

Old World Monkeys

A group of primates native to Africa and Asia, distinguished from New World monkeys by certain physical traits.

Apes

Large primates with no tail, including gorillas, chimpanzees, orangutans, and gibbons, closely related to humans.

Million Years

A period of time equal to one thousand years, used in discussing geological time or the age of the Earth and its species.