MANAGEMENT

Detailed explanation-1: -Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.

Detailed explanation-2: -Product liability insurance helps protect your business from claims that a product you made or sold caused bodily injury or property damage to someone else’s belongings.

Detailed explanation-3: -Deductible. A certain dollar amount specified in some insurance policies beyond which insurance protection begins. The insured assumes the loss up to the limit of the deductible amount, then the company pays over that amount.

Detailed explanation-4: -Sole proprietorship Sole proprietorships do not produce a separate business entity. This means your business assets and liabilities are not separate from your personal assets and liabilities. You can be held personally liable for the debts and obligations of the business.