To cover the costs that result if some aspect of the business causes harm to a third party or someone else's property,a firm would purchase:
A)business interruption insurance.
B)property insurance.
C)business liability insurance.
D)key personnel insurance.

Question

Quizplus · Accepted Answer

Business liability insurance is designed to protect a business from financial losses resulting from lawsuits filed against it due to bodily injury, property damage, or any other harm caused to a third party or their property. This type of insurance covers legal fees, court costs, and damages awarded to the plaintiff.

To Cover the Costs That Result If Some Aspect of the Business