Answer:
This is the liability risk.
Explanation:
This is a kind of vulnerable position in which any organization might find itself for certain kind of losses that results due to liability issues, and we know them as the liability risk. Hence, the organizations come up with the liability coverage, and which is why a small amount of each purchase is cut here, and as mentioned for handling the liability claims. And as meaning confirms, it is a state of being responsible for all mentioned as liability under the law. The law confirms that whatever is mentioned as a liability, the organization will be responsible for that. And hence, the question is pointing to liability risk, and the Liability risk management decision is taken to tackle liability risk.
