100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
AIC 32 LIABILITY CLAIMS PRACTICES QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE $10.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. AIC
  4.  
  5. AIC

Exam (elaborations)

AIC 32 LIABILITY CLAIMS PRACTICES QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE
 0 purchase
  • Course
  • AIC
  • Institution
  • AIC

Professional Liability -:- - they have a higher-than-average defendant verdict - include a consent-to-settle clause, where the insurer has to obtain consent from the professional to settle the claim The subjective standard for determining whether injury or property damage involves expected...

[Show more]

Preview 2 out of 14  pages

Document information

  • September 17, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • aic 32 liability claims practices questions and co
  • professional liability they have a higher

Written for

  • AIC
  • AIC

Seller

avatar-seller
TestTrackers

Reviews received

Content preview

2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




AIC 32 LIABILITY CLAIMS PRACTICES
QUESTIONS AND CORRECT ANSWERS |
LATEST UPDATE
Professional Liability


✓ -:- - they have a higher-than-average defendant verdict

✓ - include a consent-to-settle clause, where the insurer has to o btain

consent from the professional to settle the claim




The subjective standard for determining whether injury or property damage involves

expected results can be described as


✓ -:- What the insured expected and intended from the act.




The objective standard


✓ -:- is based on what a reasonable person would expect from a

particular act.




Exceptions to the business exclusion for rentals


✓ -:- - rental on an occasional basis




1|P a g e | G r a d e A + | 2 0 2 0 2 5

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




- renting rooms to no more than two people


- rental for use of an office, a school, a studio, or a private garage.




The BACF applies while


✓ -:- the insd is in the process of handling cargo from the time it is

picked up until it is "finally" set down. For loading from the moment it is

physically accepted, lifted, or taken to and placed in or on the veh.




Proprietary Function


✓ -:- a function performed by the government that could just as easily be

performed by a private entity




Trade Dress


✓ -:- nonfunctional physical detail and design of a product or its

packaging, which distinguishes it from the products of others. (color,

design, shapes, placements of words, decoration, packing)




Negligence Per Se




2|P a g e | G r a d e A + | 2 0 2 0 2 5

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 TestTrackers. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69052 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$10.49
  • (0)
Add to cart
Added