Exam (elaborations)
UGA RMIN 4000 Edmunds Test 4 Questions and Answers
- Course
- Institution
UGA RMIN 4000 Edmunds Test 4 Questions and Answers
[Show more]
Content preview
UGA RMIN 4000 Edmunds Test 4 Questionsand Answers
Basis of Legal Liability - Correct Answers -A legal wrong is a violation of a person's legal
rights, or a failure to perform a legal duty owed to a certain person, to a business
organization, or to a society as a whole.
3 Types of Legal Wrongs - Correct Answers -1. crime
2. breach of contract
3. tort
Tort - Correct Answers -a legal wrong for which the court allows a remedy in the form of
money damages
Plaintiff (tort) - Correct Answers -Injured
Tortfeasor (tort) - Correct Answers -wrongdoer
3 categories of torts - Correct Answers -intentional, negligence, strict liability
Intentional Tort - Correct Answers -intentional act or omission resulting in harm or injury
to another person or damage to their property
Section II - Exclusions to Coverage F - Medical Payments of Others - Correct Answers
--Injury to residence employee off insured location
-workers' comp
-persons regularly residing on the insured location
Common Endorsements to Homeowners Policy - Correct Answers -- inflation guard
- personal property replacement cost
- scheduled personal property
- personal injury
- watercraft
- backup of sewer and drain
Major Rating Variables for Homeowners Insurance - Correct Answers -- construction
type
- geographic location
- fire protection
- replacement cost
- form type
,- year of construction
- deductible
- insurance score
- roof factors
Examples of an Intentional Tort - Correct Answers -Libel, Slander, Invasion of Privacy,
Assault, and Battery
Strict Liability - Correct Answers -liability imposed regardless of negligence or fault
Examples of Strict Liability - Correct Answers -defective products, damages caused by
animals, hazardous activities, workers compensation (exclusive remedy in most
employee injury situations)
Negligence - Correct Answers -the failure to exercise the standard of care required by
law to protect others from an unreasonable risk of harm
What is the standard of care based on - Correct Answers -the care required by a
reasonably prudent person, not the same for each wrongful act
4 elements of negligence - Correct Answers -1. Existence of a legal duty owed
2. Breach of legal duty
3. Damage or injury
4. A proximate cause between the negligence act and the damage
2 Types of Damages - Correct Answers -compensatory and punitive
Compensatory Damages - Correct Answers -compensate the victim for losses actually
incurred
2 Types of Compensatory Damages - Correct Answers -special damages and general
damages
What are the 3 things Special Damages provides compensation for? - Correct Answers
-medical expenses, lost earnings, or property damages
General Damages - Correct Answers -cannot be specifically measured (pain and
suffering)
What is the purpose of Punitive Damages? - Correct Answers -designed to punish
people and organizations so that others are deterred from committing the same
wrongful act
Legal Defenses for Negligence - Correct Answers -the ability to collect damages for
negligence depends on state law
, 4 Legal Negligence defenses - Correct Answers -Contributory negligence, comparative
negligence, last clear chance rule, and assumption of risk
Contributory Negligence - Correct Answers -- The injured person cannot collect
damages if his or her care falls below the standard of care required for his or her
protection
- Under strict application of common law, the injured cannot collect damages if his or
her conduct contributed in any way to the injury
Comparative Negligence - Correct Answers -the financial burden of the injury is shared
by both parties according to their respective degrees of fault
Pure rule (comparative negligence) - Correct Answers -you can collect damages even if
you are negligent, but your reward is reduced in proportion to your fault
50 percent rule (comparative negligence) - Correct Answers -you cannot recover if you
are 50 percent or more at fault
51 Percent Rule (Comparative Negligence) - Correct Answers -you cannot recover if
you are 51% or more at fault
Last Clear Chance Rule - Correct Answers -a plaintiff who is endangered by his or her
own negligence can still recover damages from the defendant if the defendant has a last
clear chance to avoid the accident but fails to do so
Assumption of Risk Doctrine - Correct Answers -a person who understands and
recognizes the danger inherent in a particular activity cannot recover damages in the
event of an injury
Imputed Negligence - Correct Answers -under certain conditions, the negligence of one
person can be attributed to another
5 Examples of Imputed Negligence - Correct Answers -1) employer-employee
relationship
2) vicarious liability (auto)
3) family purpose doctrine (auto)
4) dram shop law/liquor liability
5) joint business venture
Res Ipsa Loquitur true translation - Correct Answers -The thing speaks for itself
Res Ipsa Loquitur - Correct Answers -The very fact that the injury or damage occurs
establishes a presumption of negligence
3 Requirements of Res Ipsa Loquitur - Correct Answers --The event is one that normally
does not occur in the absence of negligence
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 mereka. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
70713 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 15 years now
Recently viewed by you
Class notes ·
Class notes Biochemistry (AB_1137) on Thermodynamics
Exam (elaborations) ·
PATH 1000 MIDTERM 1 QUESTIONS AND ANSWERS (GRADED A)
Exam (elaborations) ·
Nutrition Exam 3 Questions and Answers Latest 2025
Class notes ·
Class notes Biochemistry (AB_1137) on Ligand binding
Exam (elaborations) ·
NCLEX RN TEST BANK 2022- 2024 QUESTIONS AND CORRECT
Exam (elaborations) ·
NCCCO CORE EXAM REVIEW TEST COMPLETE SOLUTION 2025
Exam (elaborations) ·
ACCT 3270 Exam 2 | Verified with 100% Correct Answers
Exam (elaborations) ·
Nutrition Exam 1 Questions with Correctly Solved Answers
