Box vicarious liability risk management proposal

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Question

You are the Chief Risk Officer of Wild-World, Inc, which owns five large zoos in the U.S. The zoos employ a total of 25,000 employees. Last year Wild-World zoos had over 2 million visitors. In the last five years, 20 zoo visitors have been seriously injured by animals that had escaped their enclosures due to the negligence of zoo employees.

- Wild-World's board of directors has asked you for 3 proposals for helping reduced the company's vicarious liability exposure.

- One of your proposals should be a creative, outside the box vicarious-liability-risk-management proposal.

Reference no: EM133464900

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