Actual damages Study guides, Class notes & Summaries
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Adjuster Pro - Insurance adjuster test latest 2023 already passed
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Adjuster Pro - Insurance adjuster test latest 2023 already passed What is insurance? protection against financial loss 
what is a premium a scheduled amount to be paid for an insurance policy. 
What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. 
what is Ind...
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N.C. Claims Adjuster Exam Latest 2023 Rated A+
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N.C. Claims Adjuster Exam Latest 2023 Rated A+ Inception/Expiration Date an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. 
Occurrence Date Date of which the loss occurred 
Identification of parties involved The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s)....
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PVL3701 EXAM PACK 2023
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MCQ 
1. Indicate the correct option. 
Which one of the following things can be regarded as a res nullius? 
(1) a domesticated tiger living in his owner‟s house 
(2) an impala roaming in the bushes 
(3) a Persian cat lying on the neighbor‟s patio 
(4) a springbok kept on a private game farm for hunting purposes 
ANSWER: 
Option 2 is correct. A res nullius is a thing which does not belong to anyone. All creatures that are 
wild by nature either in their natural state or when they have...
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NC BLET First Responder questions with correct answers
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5 Components of EMS Systems - Answer 1.) Reporting- Call is recieved from dispatch 
2.) Dispatch- Notifcation to emergency personnel 
3.) First Response- 1st trained personnel arrival 
4.) EMS Response- EMS arrive in medical vehicle 
5.) Hospital Care- Arrive at medical facility 
 
(Legal Implications - Answer - Plaintiff must prove gross negligence, wanton conduct, or intentional wrongdoing. 
- Good Samaritan Laws 
 
Consent - Answer Actual- If judgement appears unimpaired you should obt...
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RMIN 4000 FINAL EXAM BROWN UNIVERSITY ACTUAL QUESTIONS AND ANSWERS
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RMIN 4000 FINAL EXAM BROWN UNIVERSITY 
ACTUAL QUESTIONS AND ANSWERS 
Lannister Insurance Company insures 200,000 vehicles. In 2019, they paid a total of 
$136,000,000 in collision losses to the owners of 16,000 of those vehicles. What was Lannister's 
collision loss frequency in 2019? -Correct Answer-0.08 (16k/200k) 
Lannister Insurance Company insures 200,000 vehicles. In 2019, they paid a total of 
$136,000,000 in collision losses to the owners of 16,000 of those vehicles. What was Lannister...
And that's how you make extra money
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2022-2023 Texas Adjuster Study Guide 367 QUESTIONS AND ANSWERS
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2022/2023 
Texas Adjuster Study Guide 367 QUESTIONS AND ANSWERS 
 
 
 
1.	PERILS: A CAUSE OF PROPERTY LOSSES UNDER AN INSURANCE CON- TRACT EX: WINDSTORM, HURRICANE, EXPLOSION, COLLAPSE OF BUILD- ING, VANDALISM, ACCIDENTAL DISCHARGE, AND THEFT 
2.	LAW OF LARGE NUMBERS: A FUNDAMENTAL CONCEPT IN STATISTICS 
AND PROBABILITY THAT DESCRIBES HOW THE AVERAGE OF A RANDOM- 
LY SELECTED LARGE SAMPLE FROM A POPULATION. IT BASICALLY RE- LIES ON THE PRINCIPLE THAT THE LARGER THE POOL, THE MORE PRE- DICTAB...
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NAB Core Questions and Answers Already Passed
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NAB Core Questions and Answers Already Passed 
Staff knowledge of expected outcomes and results is directly associated with __________________. 
1. Clearly communicated organizational goals 
2. Motivated employees 
3. Annually updated job descriptions 4. Improved compensation 1. Clearly communicated organizational goals 
A crime that is punishable by a maximum term of imprisonment of one year is known as __________________. 
1. Misdemeanor 
2. Felony 
3. Tort 4. Neglect 1. Misdemeanor 
A bill is...
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SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!
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SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J 
 
Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E 
 
Actual Cash Value (ACV) - ANSWERSA valuation method used by...
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CISR Commercial Casualty I Lesson 1 L Questions And Answers Already Graded A+
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Legal Liability - A responsibility or obligation to others, which courts recognize and enforce. In 
general failure to meet this duty often results in the imposition of monetary damages. 
3 Types of Legal Liability - Tort Liability, Statutory Liability, Contractual Liability 
4 Types of Tort Liability - Negligence, Intentional Torts, Strict Liability, Absolute Liability 
Name the four requirements of a negligent tort (long version) - 1. Duty owed by negligent party 
to another party, 2. Breach o...
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LPL4802 ASSIGNMENT 1 ANSWERS SEMESTER 1 DUE DATE 28th MARCH 2024 GUARANTEED DISTINCTION
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LPL4802 ASSIGNMENT 1 
ANSWERS SEMESTER 1 
DUE DATE 28th MARCH 
2024 GUARANTEED 
DISTINCTION . 
ANSWER 1 
In the case of Transnet Ltd v Sechaba Photoscan (Pty) Ltd (2005) (1) SA 299 SCA, the court expressed 
the view that damages in delict and contract are assessed according to the comparative method. This 
statement raises questions about the validity and relevance of this approach in the South African law of 
damages jurisprudence, particularly in relation to the sum formula approach and the co...
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