A completed operations liability loss exposure differs from a products liability loss exposure in that the completed operations liability loss exposure

A completed operations liability loss exposure differs from a products liability loss exposure in that the completed operations liability loss exposure



A. Is based solely on strict liability rather than negligence or strict liability.
B. Arises out of the entity's completed work, including defective parts or materials furnished with the work.
C. Is based solely on negligence and breach of warranty rather than strict liability.
D. Arises out of the entity's defective product, whether or not it has been installed as part of the finished work.


Answer: B. A completed operations liability loss exposure differs from a products liability loss exposure in that the completed operations liability loss exposure arises out of the entity's completed work, including defective parts or materials furnished with the work.

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