NALA Paralegal Certification Torts Final Exam Questions & Answers 2024/2025
12 views 0 purchase
Module
NALA Paralegal Certification Torts
Institution
NALA Paralegal Certification Torts
NALA Paralegal Certification Torts Final Exam Questions & Answers 2024/2025
open peril group - ANSWERSeverything except whats listed
closed peril group - ANSWERSonly whats listed
rule of 72 - ANSWERSdivide a number by 72, thats how many yrs it would take for that number to double in valu...
nala paralegal certification torts final exam ques
Written for
NALA Paralegal Certification Torts
NALA Paralegal Certification Torts
Seller
Follow
Bensuda
Reviews received
Content preview
NALA Paralegal Certification Torts Final
Exam Questions & Answers 2024/2025
open peril group - ANSWERSeverything except whats listed
closed peril group - ANSWERSonly whats listed
rule of 72 - ANSWERSdivide a number by 72, thats how many yrs it would take for that number to double
in value
english rule for attorney fees - ANSWERSthe party who loses the trial must pay both parties' attorney
fees and other legal expenses
american rule for attorney fees - ANSWERSeach party pays for their own attorney fees and other legal
expenses
split limit coverage - ANSWERStraditional form of auto ins. divides limit of liability into 3 parts: limit for
each person, total limit, and limit for property damage.
single limit coverage - ANSWERSlimit for all liability no matter how it is apportioned
which is better - ANSWERSit depends on the incident
parts of an insurance policy - ANSWERSdeclarations
definitions
exclusions
insuring agreement
misc
, insurable interest - ANSWERSa risk of financial loss
when must an insurable interest exist in life ins - ANSWERSat the time the policy is taken out
when must an insurable interst exist in property casualty - ANSWERSyou must own the property and you
must have the insurance at time of the incident
compare/contrast torts and crimes - ANSWERSboth are wrongs, torts are wrongs against an individual,
crimes are wrongs against the public
parts of a homeowners ins policy - ANSWERSdwelling
other private structures
contents
additional living expense
personal injury
medical expenses to others
assault - ANSWERSto cause fear of imminent harm
battery - ANSWERSunconsented to or unprivileged touching of person's body
three different defenses for negligence - ANSWERScontributory negligence
comparative negligence
assumption of the risk
state used defenses for negligence - ANSWERSassumption of the risk
comparative negligence
does insurance law fall under the statute of frauds and why - ANSWERSyes, the items covered by ins k
are governed by the sof
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.94. You're not tied to anything after your purchase.
