A tort is - Study guides, Class notes & Summaries

What are 4 major loss exposures covered by CGL Form? LO1 1. Premises Liability (slip and fall due to water on the floor) 2. Operations Liability (Tree trimmer causes damage to power lines by removing fallen limbs) 3. Product Liability (ladder collapses when being used as intended) 4. Completed Operations A contractor installs a hot water heater and leaves the home, 2 days later, water overflows onto the floor causing damage because the hot water heater was improperly installed. ...

AIC 301 Exam Questions With 100% Correct Answers Which one of the following statements correctly expresses a distinction between waiver and estoppel? A. Only waiver prevents an insurer from reviving a defense it has forfeited earlier. B. The parol evidence rule applies to estoppel, but not to waiver. C. Estoppel is contractual in nature, but waiver is equitable in nature. D. Estoppel requires resulting injury or detriment by the party asserting it. - answerD. Estoppel requires resulting ...

SOCE Practice Test Exam Questions And Answers 100% Verified If an officer is found guilty of sexual abuse against a minor, what would happen to the officer's certification? - answerRevocation of certification ______________to upload the law through the investigation of violations of criminal law; to protect the USA from foreign intelligence and terrorist activities. - answerFBI Which statement is most accurate about case law? - answerThe body of law is formed by the decisions of the cour...

AIC 301 2024 Exam Questions and Answers All Correct .What are the elements of a legally binding contract? - Answer-To be legally binding, contracts must: • Contain an agreement between all parties • Involve parties with the legal capacity to contract • Contain mutual assent • Involve consideration • Have a legal purpose • Be in the form prescribed by law What are the similarities and differences between bilateral and unilateral contracts? - Answer-In bilateral cont...

law - Answer set of rules for human behavior which are established by legitimate authority precedent - Answer controlling rule, example or guide which provides framework for other judges to follow stare decisis - Answer the doctrine of a court following precedent of an earlier court constitution - Answer supreme law of the land judicial review - Answer power of courts to determine if law follows constitution supremacy clause - Answer constitution, federal law, fe...

Transferring the risk to an insurance company is known as what? - Answer- Insurance When the insured request to have the company change a condition or provision in an insurance policy the document attach to the policy is referred to as what? - Answer- Endorsement George and Sandy only home which was damaged by fire who has insurable interest - Answer- George and Sandy What is the most common loss settlement valuation in the property policies? - Answer- Actual cash value The insurance...

Louisiana POST Study Guide (Answered 100% Correctly) Latest Louisiana POST Study Guide (Answered 100% Correctly) Latest Miranda vs. Arizona The supreme court case in which the court held that criminal suspects must be informed of their right to consult with an attorney and of their right against selfincrimination prior to questioning by police. Mapp v. Ohio Evidence illegally gathered by the police may not be used in a criminal trial Terry vs. Ohio Allowed the police to stop and se...

Maryland (MD) Psychology Jurisprudence Exam Activities and services - Answer-Psych services required for training Board - Answer-State board of examiner of psychology Number of hours required for licensure - Answer-3250 hours, across 2 years supervised experience (75% by a psychologist, 2 hours for every 20 hours of experience plus other learning activities) Requirement to pass the MD exam - Answer-75% Requirement to pass the EPPI exam - Answer-70% (scaled score 500) recently or 73% befor...

WGU C233 EMPLOYMENT LAW OBJECTIVE ASSESSMENT EXAM NEWEST 2024 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ law - set of rules for human behavior which are established by legitimate authority precedent - controlling rule, example or guide which provides framework for other judges to follow stare decisis - the doctrine of a court following precedent of an earlier court constitution - supreme law of the land judicial revi...

Transferring the risk to an insurance company is known as what? Correct Answer Insurance When the insured request to have the company change a condition or provision in an insurance policy the document attach to the policy is referred to as what? Correct Answer Endorsement George and Sandy only home which was damaged by fire who has insurable interest Correct Answer George and Sandy What is the most common loss settlement valuation in the property policies? Correct Answer Actual cash va...