Which Among the Following Is a Risk Specific to Dentists

question 67

Multiple Choice

Which among the following is a risk specific to dentists and physicians?

• A)Business interruption
• B)Malpractice claims
• C)Errors and omissions claims
• D)Product liability claims

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Definitions:

Acquisition Differential

The gap between what a company is bought for and the true worth of its recognizable assets and debts.

Goodwill Impairment

Goodwill impairment occurs when the market value of a company's goodwill asset falls below its book value, indicating that the asset is overvalued on the balance sheet.

Long-Term Liabilities

Financial obligations of a company that are due after a year or more.

Net Income

Net income is the total earnings of a company after subtracting all expenses, taxes, and losses.