in Finance by (257k points)

Question: All of the following are financial risks which may be faced by business organizations EXCEPT

Options:

  1.  interest rate risk.
  2.  commodity price risk.
  3.  product liability risk.
  4.  currency exchange rate risk.

Please log in or register to answer this question.

1 Answer

+1 vote
by (735k points)
selected by
 
Best answer

3. Product liability risk

All of the following are financial risks which may be faced by business organizations EXCEPT product liability risk.


More information:

Product Liability Insurance covers the risk of product manufactured or sold by the insured company which causes any injury or damage to a consumer or property.

A company could be held liable for manufacturing a defective product and sold to consumer.

Related questions

...