A Manager in a Large Business Generally Will Spend More

question 29

True/False

A manager in a large business generally will spend more of her time as a spokesperson and entrepreneur than her counterpart in a small business.

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Definitions:

Coverage Assertion

A claim or statement regarding the extent of protection provided by an insurance policy.

Liability Insurance

Insurance that protects a business from tort liability to third parties.

Contractors' Insurance

A type of insurance policy specifically designed to protect contractors against liabilities for property damage, injuries, and other risks encountered during construction projects.

Product Liability

The area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause.