One general liability loss exposure develops as a result of a written or oral agreement to assume the legal liability of another party

A lease that specifies that the building owner is held harmless for liability arising out of use of the building is an example. This liability loss exposure is
A) premises and operations liability.
B) contractual liability.
C) products and completed operations liability.
D) contingent liability.

Answer: B

Business

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Sales meetings are defined most often by which categories when referring to the size of its scope?

a. internal, external b. local, regional, national c. motivational, recognition d. new or old products e. beginning training or advanced training

Business

Acme Explosives Inc is an international producer of creative demolition products. Selected financial information for Acme is provided in the table below. Acme wants to distribute all of its cash with a special dividend

The stock price and market capitalization of the company immediately after the announcement are shown in the table. What price will the stock trade at on the ex-dividend day? Selected Financial Information for Acme Corporation Cash $28,738.2M Market Capitalization $177,809.7M Shares Outstanding 6,330M Stock Price $28.09 Debt $0 A) $22.91 B) $23.55 C) $26.33 D) $28.09 E) $31.11

Business