Question

The kind of risk an organization will face when customers are injured by firms product or...

The kind of risk an organization will face when customers are injured by firms product or through the company s employees
A. Property risk D. Fundamental risk
B. Personal risk E. Dynamic risk
C. Liability risk

Homework Answers

Answer #1

IF CUSTOMERS ARE INJURED BY FIRMS PRODUCTS OR THROUGH COMPANY'S EMPLOYEE, IN THIS CASE LIABILITY RISK ARISE TO THE COMPANY.

LIABILITY RISK IS THE RISK TO A COMPANY THAT MAY ARISE WHEN CUSTOMER PURCHASE SOME GOODS/SERVICE FROM COMPANY. WHEN CUSTOMER FACES THIS RISK, IT BECOMES THE LIABILITY OF COMPANY TO COMPENSATE THAT CUSTOMER WITH PROPER COMPENSATION OTHERWISE GET READY FOR PENAL CONSEQUENSES

HENCE, CORRECT ANSWER MUST BE C LIABILITY RISK

THANK YOU, PLEASE UPVOTE

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