Chocolate Gourmet Company obtains an insurance policy to pro?tect against losses incurred by the firm as a result of being held liable for per?sonal injuries or property damage sustained by others.This is

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Casualty insurance is designed to protect businesses from losses that result from the liability of the business for injuries to others or damage to their property. This type of insurance typically covers a wide range of potential losses, including bodily injury, property damage, and more. Given that the Chocolate Gourmet Company is seeking to protect against liability for injury or damage sustained by others, it is likely that they are seeking casualty insurance coverage. Fire insurance would not be appropriate in this context, as it only covers losses related to fire damage. Life insurance and title insurance are also not relevant in this scenario.

Chocolate Gourmet Company Obtains an Insurance Policy to Pro?tect Against