Caib 3 practice - Study guides, Class notes & Summaries
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CAIB 3 - Exam Practice Questions with 100% correct answers
- Exam (elaborations) • 7 pages • 2024 Popular
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CAIB 3 - Exam Practice Questions with 
100% correct answers 
Breach of Contract - answerFailure to perform a promise in a contract without legal excuse 
Trespass - answerUnlawful interference with someone's person, property, or rights 
False Imprisonment - answerUnlawfully holding someone against their will 
Easement - answerRight to use another person's land 
Constructive Total Loss (MARINE INSURANCE) - answerWhen the cost of salvaging 
cargo is too high compared to its value 
Freight (MARINE...
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CAIB 3 Practice Exam Questions with Correct Answer_2024
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CAIB 3 Practice Exam Questions with Correct Answer_2024
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CAIB 3 Practice Exam 2024 with 100% correct answers
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What is the name given to the collection of written decisions? 
Case Law 
 
 
 
Explain the concept of the Rule of Precedent. 
Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. 
 
 
 
 
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Explain the meaning of the term "damages". 
Compensation in money for the loss or damage suffered.
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CAIB 3 Practice Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS
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CAIB 3 Practice Exam | 
Questions and Correct 
Answers | Latest Update 
2024/2025 | 100% PASS 
What is the name given to the collection of written decisions? - Answer 
-Case Law 
Explain the concept of the Rule of Precedent. - Answer -Current court 
decisions must follow those made in cases having similar circumstances, 
which allows the development of a logical body of general principles 
against which specific cases to be compared. 
Explain the meaning of the term "damages". - Answer -Co...
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CAIB 3 Practice Exam 2023/2024 with 100% correct answers
- Exam (elaborations) • 14 pages • 2023
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"Step Three" in the risk management process involves the selection of risk management techniques. After various risk control and risk financing options have been determined the organization must decide on the best combination that will achieve the organization's objectives. Selection of the risk management techniques is based on forecasting and the application of the selection criteria. 
 
 
a) The organization must conduct three forecasts. Indicate the nature of these forecasts - correct a...
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CAIB 3 Practice Exam Questions with Correct Answers
- Exam (elaborations) • 11 pages • 2024
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CAIB 3 Practice Exam 
Questions with Correct 
Answers 
What is the name given to the collection of written decisions? - Answer-Case Law 
Explain the concept of the Rule of Precedent. - Answer-Current court decisions must 
follow those made in cases having similar circumstances, which allows the development 
of a logical body of general principles against which specific cases to be compared. 
Explain the meaning of the term "damages". - Answer-Compensation in money for the 
loss or damage s...
-
CAIB 3 Practice Exam Questions with Correct Answers
- Exam (elaborations) • 11 pages • 2024
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- $11.99
- + learn more
CAIB 3 Practice Exam 
Questions with Correct 
Answers 
What is the name given to the collection of written decisions? - Answer-Case Law 
Explain the concept of the Rule of Precedent. - Answer-Current court decisions must 
follow those made in cases having similar circumstances, which allows the development 
of a logical body of general principles against which specific cases to be compared. 
Explain the meaning of the term "damages". - Answer-Compensation in money for the 
loss or damage s...
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CAIB 3 Practice Exam – Questions And Answers
- Exam (elaborations) • 14 pages • 2023
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CAIB 3 Practice Exam – Questions And Answers
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CAIB 3 Practice Exam 2024 Questions and Answers.
- Exam (elaborations) • 12 pages • 2024
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CAIB 3 Practice Exam 2024 Questions and Answers.
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CAIB 3 Practice Exam Questions With Complete Solutions….
- Exam (elaborations) • 11 pages • 2023
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CAIB 3 Practice Exam Questions With Complete Solutions….
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