Insurance involves the transfer of what to a third party?

Question

a) Safety
b) Risk
c) Cost
d) Time

Answer 1

What does your text say?

Answer 2

This is what the text says

Liability insurance: Every business, large or small, needs to have general liability insurance. This type of insurance policy protects a business if its employees, products, or services cause property damage or bodily injury to a third party.

Answer 3

That doesn't answer the question about transferring to a third party.

Answer 4

Of those 4 choices, which one is directly related to this? ~~> "employees, products, or services cause property damage or bodily injury"

Answer 5

B) risk