Which of the following statements about liability losses is true?
A)They arise from two sources: the obligation to pay legal damages, and the resulting bad publicity
B)The obligation to pay legal damages is always more expensive than the cost of defense
C)Defense costs can be expensive, unless the court finds that the plaintiffs claims are groundless
D)None of the above are true

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements about liability losses is true?
A)They arise from two sources: the obligation to pay legal damages, and the resulting bad publicity
B)The obligation to pay legal damages is always more expensive than the cost of defense
C)Defense costs can be expensive, unless the court finds that the plaintiffs claims are groundless
D)None of the above are true

Which of the Following Statements About Liability Losses Is True