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Final EXAM BROWN RMIN 5100S Questions and Answers 100% Pass
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Final EXAM BROWN RMIN 5100S Questions and Answers 100% Pass crime - legal wrong against society punishable by fines, imprisonment or death civil wrong - breach of duty owed to others tort, contract, statute - Types of Legal liability tort - negligence, intentional liability, strict liability ...

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  • September 26, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • RMIN 5100
  • RMIN 5100

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Final EXAM BROWN RMIN 5100S

Questions and Answers 100% Pass


crime - ✔✔legal wrong against society punishable by fines, imprisonment

or death

civil wrong - ✔✔breach of duty owed to others

tort, contract, statute - ✔✔Types of Legal liability

tort - ✔✔negligence, intentional liability, strict liability

contract - ✔✔hold-harmless agreement, breach of contract

statute - ✔✔workers compensation

negligence - ✔✔duty owed, breach of that duty, damage or injury,

proximate cause

intentional tort - ✔✔harming one on purpose

strict liability - ✔✔held legally liable no matter what

hold-harmless agreement - ✔✔one party assumes legal liability

breach of contract - ✔✔break contract (WARRANTY)

statute - ✔✔law; ordinance

, exclusive remedy - ✔✔prohibits injured employees from suing employer if

receiving workers comp

occurrence - ✔✔takes place during policy period

claims-made - ✔✔first reported during policy period, retroactive date

extended reporting period

duty to defend - ✔✔must provide if plaintiff's allegations fall within scope of

coverage

compensatory damages - ✔✔pay injured party for their portion

punitive damages - ✔✔punish wrongdoer

general damages - ✔✔loss of companion, disfigurement, pain/suffering

special damages - ✔✔lost income, medical bills, property repair

supplementary payments - ✔✔specific items the insurer will pay in addition

to the limits of insurance

supplementary payments - ✔✔specific items the insurer will pay in addition

to the limits of insurance

Each Occurrence Limit - ✔✔The maximum amount an insurer will pay for

all covered losses from a single occurrence, regardless of the number of

persons injured or the number of parties claiming property damage.

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