Define strict liability - Study guides, Class notes & Summaries
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Property and Casualty License in Arkansas Health Insurance Company :Complete Exam 2024
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Property and Casualty License in 
Arkansas Health Insurance Company 
:Complete Exam 2024 
What is Insurance? - CORRECT ANSWER-Transfers the risk of loss from individual to 
insurance co. 
What is Risk? - CORRECT ANSWER-Chance of loss occuring 
What are 3 types of Hazzards? - CORRECT ANSWER-Physical, Moral, Morale 
What is a Peril? - CORRECT ANSWER-Causes of loss insured against 
What does Indemnify mean? - CORRECT ANSWER-Right for Reimbursement but only 
to the extent of the loss. Cannot gain...
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CIC Commercial Multiline Exam | 110 Questions Correctly Answered Already Passed!!
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Identify and describe the three primary purposes of excess liability/umbrella policies (LO1) - 1. 
Provide additional limits that are excess over underlying limits of insurance 
2. Provide primary coverage when underlying poliy does not respond beacuse its aggregate limits of 
insruance are exhausted. 
3. Provide broader coverage than the exsiting underlying insurance 
excess liability coverage forms and commercial umbrella liability policy - 1. follow forms 
- hella short 
- "basically what un...
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Property and Casualty License in Arkansas Exam Questions and Answers 100% Pass
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Property and Casualty License in 
Arkansas Exam Questions and 
Answers 100% Pass 
What is Insurance? - Correct Answer ️️ -Transfers the risk of loss from individual to 
insurance co. 
What is Risk? - Correct Answer ️️ -Chance of loss occuring 
What are 3 types of Hazzards? - Correct Answer ️️ -Physical, Moral, Morale 
What is a Peril? - Correct Answer ️️ -Causes of loss insured against 
What does Indemnify mean? - Correct Answer ️️ -Right for Reimbursement but only to 
the ex...
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Champions Powerhouse Training SAE 146 Questions with Verified Answers,100% CORRECT
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Champions Powerhouse Training SAE 146 Questions with Verified Answers 
 
An area of neighborhoods or sub divisons that 
is serviced by your firm. - CORRECT ANSWER Geographic Farm 
 
A plan by which you develop to gain name 
recognition - CORRECT ANSWER Marketing Plan 
 
Becoming different in your approach through 
growth and development - CORRECT ANSWER differentiate 
 
All the properties in a particular price range, 
in the area your firm services - CORRECT ANSWER economic farm 
 
Words or cont...
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NCTJ Essential Media Law Preliminary Exam Final Study Guide Q&A 2024
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NCTJ Essential Media Law Preliminary 
Exam Final Study Guide Q&A 2024 
Define 'summary proceedings' - CORRECT ANSWER-Hearings in which magistrates try 
or sentence defendants 
What is an 'either way' offence? - CORRECT ANSWER-Defendants can either be tried 
in magistrates or crown court 
What is an 'indictable only' offence? - CORRECT ANSWER-The most serious crimes 
which begin in magistrates then the case is 'sent' to crown court 
What is a 'summary offence'? - CORRECT ANSWER-The ...
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Fundamentals of Insurance BC questions and answers graded A+
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Fundamentals of Insurance BC 
questions and answers graded A+ 
What is the major function of insurance? - ANSWERS to allow the spread of risk 
What are the five important functions of insurance? - ANSWERS 1) insurance is the 
shifting of financial responsibility for a loss 
2) payment will be made only in the event of an insured risk 
3) the amount of payment is restricted to the amount required to indemnify the insured 
4) insurance covers losses the object may be exposed to 
5) the indemnit...
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NCTJ Essential Media Law Exam Questions With Verified Answers
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NCTJ Essential Media Law Exam Questions 
With Verified Answers 
Define 'summary proceedings' - answerHearings in which magistrates try or sentence 
defendants 
What is an 'either way' offence? - answerDefendants can either be tried in magistrates or 
crown court 
What is an 'indictable only' offence? - answerThe most serious crimes which begin in 
magistrates then the case is 'sent' to crown court 
What is a 'summary offence'? - answerThe most minor offences which are dealt with by 
ma...
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MPTC POLICE ACADEMY REVIEW EXAM 2024 WITH 100% CORRECT ANSWERS
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What are the six types of intent? - correct answer General, specific, malicious, strict liability, recklessness and negligence. 
 
What are the five powers of arrest? - correct answer Warrant, felony, misdemeanor committed in your presence which is arrestable by statute 
misdemeanor committed in your presence which amounts to a breach of the peace 
misdemeanor in the past which is arrestable by statute. 
 
Define conspiracy. - correct answer Two or more people agreeing to commit a crime. 
 
Defi...
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NCTJ Essential Media Law Exam with Guaranteed Accurate Answers
- Exam (elaborations) • 16 pages • 2024
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Define 'summary proceedings' - correct answer Hearings in which magistrates try or sentence defendants 
 
What is an 'either way' offence? - correct answer Defendants can either be tried in magistrates or crown court 
 
What is an 'indictable only' offence? - correct answer The most serious crimes which begin in magistrates then the case is 'sent' to crown court 
 
What is a 'summary offence'? - correct answer The most minor offences which are dealt with by magistrates. 
 
Define 'tor...
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Opota Ohio Peace Officer Basic Test Questions With Correct Answers Latest 2024-2025 (GRADED)
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Opota Ohio Peace Officer Basic Test Questions With Correct Answers Latest (GRADED) Considerations When Exercising Discretion - Answer Situation 
Background 
Consequences 
Severity 
Reason for Law Enforcement Training - Answer To Protect Life and Property of 
yourself and the public. 
What is the relationship between a SPO and a Test Question? - Answer A test 
question must respond directly to a SPO and every SPO may be the basis of a test 
question. 
Factors Necessary for the commission of a cr...
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