Major pharmaceutical firm

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Alecia had been asked to serve on the board of a major pharmaceutical firm. She reluctantly declined, citing the firm's lack of liability coverage for outside members of the board of directors. Alecia's decision indicates that she Multiple Choice will manage risk by avoiding the potential loss from a liability suit directed at the board of directors. feels that the potential loss from legal action against this firm is an uninsurable risk. will self-insure against a loss from legal action taken against the pharmaceutical firm. will help the firm follow the rule of indemnity.

Reference no: EM133615703

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