Answered

Which of the following is least likely to be considered a business liability exposure?

A. Opening a store in a retail space in a mall
B. Serving as volunteer president of a homeowners association
C. Contractually assuming the liability of a client or supplier
D. Manufacturing a product



Answer :

GinnyAnswer

Final answer:

Contractually assuming liability reduces personal exposure to risk in business scenarios.


Explanation:

Contractually assuming the liability of a client or supplier is least likely to be considered a business liability exposure among the given options. When a business contractually assumes liability, it typically has mechanisms in place to manage and mitigate these risks, unlike the other scenarios where liabilities may directly impact personal assets.


Learn more about Business liability exposure here:

https://brainly.com/question/28111284


Other Questions