What make underwriting any liability risk a unique challenge, Other Management

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What make underwriting any liability risk a unique challenge

Problem 1: Describe what makes underwriting any liability risk a unique challenge when compared with underwriting other lines of insurance.

Problem 2: Explain what is meant by the ABC Rule and how this rule applies.

Problem 3: Identify and discuss the TWO (2) ways civil law in Canada may impose legal liability under common law.

Problem 4: Which one of the two ways (see #3) should you as a liability underwriter be most concerned about? What would you need to determine?

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Other Management: What make underwriting any liability risk a unique challenge

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