A business faces liability arising out of its property and activities. These sources of liability can be categorized as follows: 1. Ownership, use, or possession of premises, 2. Activities that are considered to be a public or private nuisance, 3. Sale, manufacture and distribution of products or services. 4. Property of others in the care, custody or control of the business. 5. Fiduciary relationships such as the management of employee benefit plan assets or service on the firm’s Board of Directors. 6. Professional activities. 7. Vehicles-usually automobiles but may include aircraft, watercraft and other vehicles. 8. Employees who may suffer a job-related injury or disease. 9. All property and activities not listed under any other category.