People would most likely be able to justify the added cost of liability
insurance in which situation?
O A. They live in an area that often experiences hurricanes.
B. They own a business that could be the target of lawsuits.
C. They have health problems and are often forced to miss work.
D. They have a law degree and can defend themselves in court.

The added cost of liability insurance can be justified when owning a business that could be the target of lawsuits. Thus option B is the correct answer.

What is a liability?

Liabilities refer to all the debts owed by the business in present and future situations. This includes loans, legal debts, and other liabilities that come from the commercial operations of the business.

Liability of business helps in playing a big role in achieving profitability and expanding it on a large platform. The higher the liability, the lower the profit of the business.

Therefore, option B owning a business that could be the target of lawsuits is considered an appropriate answer.

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