Which of the following is least likely to be considered a business liability exposure?

A. Opening a store in a retail space in a mall
B. Serving as volunteer president of a homeowners association
C. Contractually assuming the liability of a client or supplier
D. Manufacturing a product



Answer :

Final answer:

Contractually assuming liability reduces personal exposure to risk in business scenarios.


Explanation:

Contractually assuming the liability of a client or supplier is least likely to be considered a business liability exposure among the given options. When a business contractually assumes liability, it typically has mechanisms in place to manage and mitigate these risks, unlike the other scenarios where liabilities may directly impact personal assets.


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