Ask Question
BusinessBusiness
17 April, 03:06

When is liability insurance needed?

+3
Answers (1)
  1. 17 April, 03:08
    0
    When you cause an accident that damages another vehicle or hurts someone.

    Explanation:

    It Protects After an Injury.

    After an injury accident has occurred on your company's premises, liability insurance can cover the cost of medical bills and other expenses incurred by the injured party. Without liability insurance, your company may be responsible for all of this and more.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When is liability insurance needed? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What do you think about adding slack to individual task estimates (sometimes called padding estimates) ?
Answers (1)
Hardigree Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.3 hours per unit Standard direct labor rate $ 23.
Answers (1)
Which statement summarizes section 401 (k) of the Internal Revenue Code? A.) Employers must match the amount of an employee's contribution to a retirement fund up to a certain percentage of the employee's contribution. B.
Answers (1)
If you had a two-regressor regression model, then omitting one variable that is relevant: A. makes the sum of the product between the included variable and the residuals different from 0. B.
Answers (1)
A company uses the allowance method and expects to not collect $15,000 of sales. The journal entry to record the estimated bad debt is which of the following? A. Bad-Debt Expense $15,000 Allowance for Doubtful Account $15,000 B.
Answers (1)
New Questions in Business
Androscoggin Copper can grow at 5% per year for the indefinite future. It's selling at $100, and next year's dividend is $5.
Answers (1)
What are two types of businesses that would probably use a sole proprietorship as a form of business ownership?
Answers (1)
Which financial problems might cause a person to be considered a bad risk for a loan to purchase a home? Check all that apply.
Answers (2)
Companies can adapt their catalog revenue model online by replacing or supplementing their print catalogs with information on their Web sites. True False
Answers (1)
The United Kingdom produces computers and sells them to Japan. At the same time Japan produces cars and sells them to the United Kingdom. Suppose there is an appreciation in the pound. This will cause: A.
Answers (1)
Home » Business » When is liability insurance needed?
Sign Up Forgot Password?