Exam (elaborations)
NALA Paralegal Certification Torts Final Study Guide Questions And Answers
- Course
- Institution
NALA Paralegal Certification Torts Final Study Guide Questions And Answers
[Show more]
Content preview
NALA Paralegal Certification Torts Final Study GuideQuestions And Answers
open peril group ANS everything except whats listed
closed peril group ANS only whats listed
rule of 72 ANS divide a number by 72, thats how many yrs it would take for that number to double in value
english rule for attorney fees ANS the party who loses the trial must pay both parties' attorney fees and other
legal expenses
american rule for attorney fees ANS each party pays for their own attorney fees and other legal expenses
split limit coverage ANS traditional 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 ANS limit for all liability no matter how it is apportioned
which is better ANS it depends on the incident
parts of an insurance policy ANS declarations
definitions
exclusions
insuring agreement
misc
insurable interest ANS a risk of financial loss
when must an insurable interest exist in life ins ANS at the time the policy is taken out
, when must an insurable interst exist in property casualty ANS you must own the property and you must have the
insurance at time of the incident
compare/contrast torts and crimes ANS both are wrongs, torts are wrongs against an individual, crimes are
wrongs against the public
parts of a homeowners ins policy ANS dwelling
other private structures
contents
additional living expense
personal injury
medical expenses to others
assault ANS to cause fear of imminent harm
battery ANS unconsented to or unprivileged touching of person's body
three different defenses for negligence ANS contributory negligence
comparative negligence
assumption of the risk
state used defenses for negligence ANS assumption of the risk
comparative negligence
does insurance law fall under the statute of frauds and why ANS yes, the items covered by ins k are governed by
the sof
6k covered under the SOF ANS k that can't be completed in one year
k for the consideration of marriage
k for real estate
k for the debts of another
k for sale of goods over 500 or lease of goods over 1000
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 or Stuvia-credit 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 Nipsey. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now