Cpcu 530 test questions Study guides, Class notes & Summaries
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CPCU 530 Chapter 6 Exam Questions and Answers
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CPCU 530 Chapter 6 Exam Questions and Answers 
 
Tort - Answer-A wrongful act or an omission, other than a crime or a reach of contract, that invades a legally protected right 
 
Tortfeasor - Answer-A person or organization that has committed a tort 
 
Plaintiff - Answer-The person or entity who files a lawsuit and is named as a party 
 
Defendant - Answer-The party in a lawsuit against whom a complaint is filed 
 
Legal duty - Answer-An obligation imposed by law for the preservation of the leg...
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Bundle For CPCU 530 2024 Exam Questions and Answers All Correct
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CPCU 530 Exam Questions with Correct Answers

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CPCU 530 Exam Questions and Answers All Correct

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CPCU 530 2023 Exam Questions and Answers All Correct

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CPCU 530 Practice Test Questions with Correct Answers

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CPCU 530 Test Questions with Correct
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CPCU 530 Chapter 6 Exam Questions and Answers
- Exam (elaborations) • 9 pages • 2024
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CPCU 530 Chapter 6 Exam Questions and Answers 
Tort - Answer-A wrongful act or an omission, other than a crime or a reach of contract, that invades a legally protected right 
 
Tortfeasor - Answer-A person or organization that has committed a tort 
 
Plaintiff - Answer-The person or entity who files a lawsuit and is named as a party 
 
Defendant - Answer-The party in a lawsuit against whom a complaint is filed 
 
Legal duty - Answer-An obligation imposed by law for the preservation of the legall...
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CPCU 530 Chapter 6 Exam Questions and Answers
- Exam (elaborations) • 9 pages • 2023
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CPCU 530 Chapter 6 
Exam Questions 
and Answers 
 
Tort - Answer-A wrongful act or an omission, other than a crime or a reach of contract, 
that invades a legally protected right 
Tortfeasor - Answer-A person or organization that has committed a tort 
Plaintiff - Answer-The person or entity who files a lawsuit and is named as a party 
Defendant - Answer-The party in a lawsuit against whom a complaint is filed 
Legal duty - Answer-An obligation imposed by law for the preservation of the legally 
...
-
CPCU 530 Chapter 4 Test Questions with Correct Answers
- Exam (elaborations) • 4 pages • 2023
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CPCU 530 Chapter 4 Test Questions with Correct Answers 
 
Statutes of Fraud - Answer-A collection of laws that help prevent parties from becoming involved in fraudulently formed contracts. 
 
COD (Collect on Delivery) - Answer-A shipping condition under which the buyer pays when the goods are delivered and has no right to inspect the goods as a condition to acceptance and payment. 
 
Implied Warranty of Merchantability - Answer-An implied warranty that a product is fit for the ordinary purpose ...
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CPCU 530 Practice Test Questions with Correct Answers
- Exam (elaborations) • 25 pages • 2024
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CPCU 530 Practice Test 
Questions with Correct 
Answers 
 
Which one of the following is the primary way that formal mediation differs from a 
pretrial settlement conference? - Answer-Formal mediation requires the parties to 
submit their dispute to an agreed-upon outside mediator, but the parties do not 
necessarily select who will conduct a pretrial settlement conference. (Incorrect. Though 
mediators, formal and informal, are often judges, formal mediation involves seeking the 
assistance of ...
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CPCU 530 Exam Questions with Correct Answers
- Exam (elaborations) • 36 pages • 2023
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CPCU 530 Exam Questions 
with Correct Answers 
 
Which one of the following best describes equity courts in the United States federal 
judicial system? - Answer-Modern equity courts in the U.S. federal system are unified 
with courts of law. Judges, not juries, can use the broad powers of equity to create fair 
solutions beyond what traditional legal remedies can offer. 
Physician Betty administered medical services to stroke victim Karl who was 
unconscious. She provided medication and directio...
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CPCU 530 Chapter 4 Test Questions with Correct Answers
- Exam (elaborations) • 4 pages • 2024
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CPCU 530 Chapter 4 Test Questions with Correct Answers 
 
Statutes of Fraud - Answer-A collection of laws that help prevent parties from becoming 
involved in fraudulently formed contracts. 
COD (Collect on Delivery) - Answer-A shipping condition under which the buyer pays 
when the goods are delivered and has no right to inspect the goods as a condition to 
acceptance and payment. 
Implied Warranty of Merchantability - Answer-An implied warranty that a product is fit for 
the ordinary purpose f...
-
CPCU 530 Practice Test Questions with Correct Answers
- Exam (elaborations) • 25 pages • 2024
-
- $8.79
- + learn more
CPCU 530 Practice Test 
Questions with Correct 
Answers 
 
Which one of the following is the primary way that formal mediation differs from a 
pretrial settlement conference? - Answer-Formal mediation requires the parties to 
submit their dispute to an agreed-upon outside mediator, but the parties do not 
necessarily select who will conduct a pretrial settlement conference. (Incorrect. Though 
mediators, formal and informal, are often judges, formal mediation involves seeking the 
assistance of ...
-
CPCU 530 Module 1 Test Questions with Answers
- Exam (elaborations) • 5 pages • 2024
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Civil Law -Roman Empire 
-Code of written laws and statutes 
-Based on interpretation of codes 
 
Common Law -England 
-Basis for U.S. legal system and all other state legal systems 
-Based primarily on court cases 
 
Doctrine of stare decisis -method of resolution that relies on precedents to settle recent issues 
-Judge can disregard precedent if original ruling is no longer useful, valid or was clearly wrong 
 
True -Legislation can pass new laws that change the application of common law 
-c...
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