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What is the difference between physical loss of property and loss through liability?
"Physical loss of property refers to the direct damage or destruction of tangible assets, such as buildings or equipment. Loss through liability, on the other hand, involves legal responsibility for damages caused to others, which may result in financial losses due to legal claims or settlements" is the difference between physical loss of property and loss through liability.
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Asked 3/23/2016 9:39:06 PM
Updated 297 days ago|7/1/2023 1:39:25 AM
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Edited by jeifunk [3/23/2016 10:00:25 PM]
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"Physical loss of property refers to the direct damage or destruction of tangible assets, such as buildings or equipment. Loss through liability, on the other hand, involves legal responsibility for damages caused to others, which may result in financial losses due to legal claims or settlements" is the difference between physical loss of property and loss through liability.
Added 297 days ago|7/1/2023 1:39:25 AM
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