You own a small grocery store. You are aware that customers occasionally slip and fall in grocery stores and sue for their injuries. What sort of insurance should you get to protect yourself from this?
A) Errors and omission.
B) Professional liability
C) Product liability
D) Public liability
E) Vicarious liability
D
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________ means that an employee is paid a given amount regardless of the number of hours worked or quality of the work.
A. Salary basis B. Pay level C. Nonexemption D. Piecework rate E. Pay policy line
______ effects decision-making when someone decides to continue an unwise investment based on past investments of time, effort, or money.
What will be an ideal response?
Which of the following statements about profitability index (PI) is false?
a. The PI is a ratio of a project's net cash inflow to the project's net investment. b. The formula for calculating the PI is : present value of net cash inflow/net investment c. If a project is to be profitable, the PI cannot exceed 1. d. The higher a project's PI, the more profitable that project is per investment dollar.
What is a warehouse receipt?
What will be an ideal response?