Question: A true statement about D&O insurance is that: a . it usually insures a business for losses caused by competitors. b . it is extremely
A true statement about D&O insurance is that:
a it usually insures a business for losses caused by competitors.
b it is extremely cost prohibitive and should be avoided unless required by contractual needs.
c it is business liability insurance for professionals.
d it is usually paid by the board members.
e it protects board members of corporations from liability arising from their actions.
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