Types of business insurance

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Reference no: EM132121230

1. Discuss the following 4 types of business insurance and why they are important.

general liability insurance,

product liability insurance,

professional liability insurance,

commercial liability insurance.

2. Which of the following is more likely to be a risk associated with laying off employees of BabyBlooms Corp.?

The laid off employees have the option of suing the company for wrongful termination.

?The employees who are retained tend to show less organizational citizenship behavior.

There are high chances for the company to go bankrupt.

The company has to invest large amounts to retain other employees.

?The company is at risk of being acquired by a government owned company.

3. In the scenario, one of the store closing was announced to employees on August 1 and accomplished by December 1. In this case, the company has followed the _____

Labor Management Relations Act

Worker Adjustment and Retraining Notification

?Fair Labor Standards Act

?Privacy Act

?Landrum-Griffin Act

Reference no: EM132121230

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