Answer the following independent questions.

a) Corporations can be held legally liable for harm caused as a result of the goods and services they produce. Identify and explain four sources of commercial general liability. (8 marks)

b) Commercial general liability coverage differs between occurrence and claims-made based policies. Describe each form of coverage. In your answer, explain the rationale for the development of the claims made form of coverage. (5 marks)

c) Distinguish between Excess Liability and Umbrella Liability coverage as it applies to Commercial Liability Insurance. In your answer, provide a basic example of each type. (4 marks)