Proximate cause - Study guides, Class notes & Summaries

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...

PSI PROPERTY AND CASUALTY EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 2024 LATEST UPDATE What will happen if a house covered by a standard mortgage clause is a total loss? The insurer pays the mortgage according to the mortgagee's interest in the property Which coverage form would provide coverage for all incoming and outgoing shipments? Annual transit Tom's Truck Service's vehicle is stolen. The policyholder may obtain coverage for transportation expenses subject to wh...

Texas Jurisprudence Exam Questions And Answers All Verified & Correct 2023 Can a patient successfully sue a doctor if there is no physician-patient relationship? - ANS No If there is no prior physician-patient relationship, are you legally obliged to respond to a call from a patient for treatment? - ANS No Does being on call give rise to a physician-patient relationship? - ANS No How can one terminate a physician-patient relationship, without abandonment if there is ongoing tre...

Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests - Correct Answer -D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional in...

FINN 3623 Exam 1 Terms (Nelson Driver) || All Questions & Solutions (Rated A+) FINN 3623 Exam 1 Terms (Nelson Driver) || All Questions & Solutions (Rated A+) Risk - ANSWER - The uncertainty of an outcome -Can be positive or negative Pure Risk - ANSWER - The chance of having a loss or chance of not having a loss (When insurance companies write a policy, the only policy they take under consideration) Subjective Risk - ANSWER - Attitude toward risk (Also known as your level of risk toler...

NM ADJUSTER EXAM 2024 QUESTIONS AND VERIFIED ANSWERS GRADED A++ an insurance contract, the policyholder gives the insurer ___ and the insurer gives the policyholder ___. premium payments; peace of mind Which of the following people does NOT have an insurable interest in an insured property? A homeowner's interest in the local town water pipes that deliver water to his home. In the event of a catastrophe, emergency adjuster licenses in New Mexico are valid for: 90 days. Cindy falls down...

AIC 302 SIMULATED EXAM QUESTIONS AND ANSWERS 100% PASS Conor is handling an auto claim involving the death of a minor child in a state that recognizes the intrinsic value of children. Conor's proposed settlement amount will include - Correct Answer ️️ -A calculated value of the child's future services to the parents. A calculated value of the child's future services to the parents. Intrinsic value of children is the assumption that parents invest in children knowing that they will ...

MENTAL HEALTH GALEN EXAM 1 questions and answers graded A+ State of well being - Own Potential Able to work through stress Able to get help when needed Resilience - Ability and capacity to secure resources; where and when to get help Diathesis Stress Model Diathesis - Biological predisposition Diathesis Stress Model Environmental Stress - Natural Disasters Trauma DSM5 - All the different disorders and their criteria Culturally Competent - Educate yourself about differe...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review(updated 2023)Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. ...

Florida 2-15 Insurance Final Exam Test Bank (All Chapters complete 1-30, Questions and Answers, 100% Verified) Latest 2023/2024 1. A life insurance company is organized in Orlando where it maintains its home office. In Florida, the company is classified as a a. domestic company b. local company c. foreign company d. preferred company a 2. With regard to life insurance, all of the following statements are correct EXCEPT a. all individuals are considered to have insurable interests i...