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Insurance

Professional liability

Professional liability is a legal term used to describe the responsibility that a professional person holds for any mistakes made while carrying out their duties. This can include professionals such as doctors, lawyers, and accountants, who are expected to possess a high level of expertise in their field. In the event of any errors or omissions, the professional may be held accountable for any resulting damages. It is crucial for professionals to have adequate insurance coverage to protect themselves from potential liability claims.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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All terms and concepts related to the process in which a private company offers its shares to the pu
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