Definition of legal liability using a case from industry


Question1. Define and describe three type of life insurance policy.

Question2. Many families find life insurance to be an important tool in an estate plan. Explain how life insurance can help families accomplish their financial objectives.

Question3. Provide a comprehensive definition of Legal Liability using a case from the industry.

Question4. Define the three general classes of legal wrongs from which legal liability usually arise.

Question5. Illustrate with the use of a diagram the risk management process and explain fully the last three steps of the said process.

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