100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
AINS 102 AINS 103 ,And Ain't I a Woman? EXAM 2024 – 2025 LATEST UPDATED 50 QUESTIONS WITH DETAILED ANSWERS $16.59   Add to cart

Exam (elaborations)

AINS 102 AINS 103 ,And Ain't I a Woman? EXAM 2024 – 2025 LATEST UPDATED 50 QUESTIONS WITH DETAILED ANSWERS

 4 views  0 purchase
  • Course
  • AINS 23 ,AINS
  • Institution
  • AINS 23 ,AINS

AINS 102 AINS 103 ,And Ain't I a Woman? EXAM 2024 – 2025 LATEST UPDATED 50 QUESTIONS WITH DETAILED ANSWERS

Preview 4 out of 146  pages

  • September 12, 2024
  • 146
  • 2024/2025
  • Exam (elaborations)
  • Unknown
  • AINS 23 ,AINS
  • AINS 23 ,AINS
avatar-seller
perfectnurse
AINS 102 AINS 103 ,And Ain't I a
Woman? EXAM 2024 – 2025
LATEST UPDATED 50 QUESTIONS
WITH DETAILED ANSWERS



Property loss exposure - ✔✔ANSWER✔✔-A condition that
presents the possibility that a person or an organization will
sustain a loss resulting from damage (including destruction,
taking, or loss of use) to property in which that person or
organization has a financial interest.

Real property (realty) - ✔✔ANSWER✔✔-Tangible property
consisting of land, all structures permanently attached to the land,
and whatever is growing on the land.

Personal property - ✔✔ANSWER✔✔-All tangible or intangible
property that is not real property.

Deductible - ✔✔ANSWER✔✔-A portion of a covered loss that is
not paid by the insurer.

Liability loss exposure - ✔✔ANSWER✔✔-Any condition or
situation that presents the possibility of a claim alleging legal
responsibility of a person or business for injury or damage
suffered by another party.

,Damages - ✔✔ANSWER✔✔-Money claimed by, or a monetary
award to, a party who has suffered loss or injury for which another
party is legally responsible.

Special damages - ✔✔ANSWER✔✔-A form of compensatory
damages that awards a sum of money for specific, identifiable
expenses associated with the injured person's loss, such as
medical expenses or lost wages.

General damages - ✔✔ANSWER✔✔-A monetary award to
compensate a victim for losses, such as pain and suffering, that
do not involve specific, measurable expenses.

Punitive damages - ✔✔ANSWER✔✔-A payment awarded by a
court to punish a defendant for a reckless, malicious, or deceitful
act to deter similar conduct; the award need not bear any relation
to a party's actual damages.

Civil law - ✔✔ANSWER✔✔-A classification of law that applies to
legal matters not governed by criminal law and that protects rights
and provides remedies for breaches of duties owed to others.

Criminal law - ✔✔ANSWER✔✔-The branch of the law that
imposes penalties for wrongs against society.

Tort - ✔✔ANSWER✔✔-A wrongful act or an omission, other than
a crime or a breach of contract, that invades a legally protected
right.

Negligence - ✔✔ANSWER✔✔-The failure to exercise the degree
of care that a reasonable person in a similar situation would
exercise to avoid harming others.

,Intentional tort - ✔✔ANSWER✔✔-A tort committed by a person
who foresees (or should be able to foresee) that his or her act will
harm another person.

Strict liability - ✔✔ANSWER✔✔-Liability imposed by a court or by
a statute in the absence of fault when harm results from activities
or conditions that are extremely dangerous, unnatural,
ultrahazardous, extraordinary, abnormal, or inappropriate.

Compulsory auto insurance law - ✔✔ANSWER✔✔-Law that
requires the owners or operators of automobiles to carry
automobile liability insurance at least equal to certain minimum
limits before the vehicle can be licensed or registered.

Financial responsibility laws - ✔✔ANSWER✔✔-Law enacted to
ensure that motorists have the financial ability to pay for any
property damage or bodily injury they might cause as a result of
driving or owning an auto.

Personal injury protection (PIP) coverage - ✔✔ANSWER✔✔-
Coverage that pays benefits, regardless of fault, for medical
expense, income loss, and other benefits, resulting from bodily
injury to occupants of a covered auto.

Residual market - ✔✔ANSWER✔✔-The term referring collectively
to insurers and other organizations that make insurance available
through a shared risk mechanism to those who cannot obtain
coverage in the admitted market.

Internet of Things (IoT) - ✔✔ANSWER✔✔-A network of objects
that transmit data to each other and to central hubs through the
internet.

, First party - ✔✔ANSWER✔✔-The insured in an insurance
contract.

Open perils coverage - ✔✔ANSWER✔✔-A type of policy or
coverage that insures against risks of direct physical loss except
for those specifically excluded or limited by the policy.

Named perils coverage - ✔✔ANSWER✔✔-An insurance policy in
which the covered causes of loss are listed or "named" in the
policy.

D. Underground pipes - ✔✔ANSWER✔✔-All of the following
items are examples of personal property, EXCEPT:
A. Sports equipment
B. Silverware
C. A fishing boat
D. Underground pipes

C. The detached garage - ✔✔ANSWER✔✔-John is a recent
homeowner and is considering the insurance coverages he needs
for his home and contents. If damaged by a peril covered by a
homeowners policy, which one of the following would be
considered part of John's real property?
A. The desk top computer
B. The boat in the driveway
C. The detached garage
D. The hockey net and equipment

C. Intentional tort - ✔✔ANSWER✔✔-Paul was charged with
assault and battery after he punched and injured his neighbor
Tom, who repeatedly walked his dog on Paul's property. Which
one of the following types of tort does this represent?
A. Strict liability
B. Negligence

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 perfectnurse. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $16.59. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81298 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$16.59
  • (0)
  Add to cart