To reject cases - Study guides, Class notes & Summaries

Abandonment - Answer the abdication of insured property into the hands of another, or into the possession of no one in particular Absolute Liability - Answer Liability that arises from an extremely dangerous situation. Often found in cases involving explosives. Also known as "strict" liability. For example, you are absolutely liable if you keep a wild animal as a pet. Accident - Answer an unplanned, unforseen event which occurs suddenly and at a specific place Actual Cash Val...

SC P&C Insurance Exam Study Guide Latest Version Graded A+ Abandonment the abdication of insured property into the hands of another, or into the possession of no one in particular Absolute Liability Liability that arises from an extremely dangerous situation. Often found in cases involving explosives. Also known as "strict" liability. For example, you are absolutely liable if you keep a wild animal as a pet. Accident an unplanned, unforseen event which occurs suddenly and at a s...

LAW OF CONTRACT NOTES: Contract as an agreement intended to create enforceable obligations A contract is an agreement between two or more parties. The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforceable as contracts. Legally binding agreements that are not contracts: The ...

WPC 300 Final Exam || With Questions & Answers (Rated A+) WPC 300 Final Exam || With Questions & Answers (Rated A+) What step of the bullet proof problem solving helps avoid making common decision-making biases? - ANSWER - Step 4: Build a work plan and time table Rule of 72 - ANSWER - The number of years it takes for a certain amount to double in value is equal to 72 divided by its annual rate of interest. Expected value - ANSWER - the average of each possible outcome of a future ev...

Clinical Chemistry/urinalysis Midterm from BOC, Harr, Elsevier and Tietz Questions and Answers Graded A The major intracellular cation is? Potassium Which electrolytes is the chief plasma cation whose main function is maintaining osmotic pressure? Sodium Which of the following enzymes catalyzes the conversion of p-nitrophenyl phosphate to a colored p-nitrophenol product? a. AST b. ALT c. ALP d. GGT c. Alkaline phosphatase (ALP) belongs to a group of enzymes that catalyze the hydrolysis of phos...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

AQA A-level PSYCHOLOGY 7182/3 Paper 3 Issues and options in psychology Mark scheme June 2022 Version 1.0 Final Mark Scheme. MARK SCHEME – A-LEVEL PSYCHOLOGY – 7182/3 – JUNE 2022 2 Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all associates participate in and is the scheme which was used by them in this examin...

Descriptive statistics Inferential statistics - __ are used to synthesize and describe data. It allows us to draw conclusions from the use of graphs, charts, and so on. __are used to make inferences about the population based on sample data. It allows us to say whether difference is significant. They infer or draw a conclusion, based on laws of probability. Mode Median--doesnt take into consideration outliers Mean - Differential: The __ is the number that occurs most fq in distribution. ...

South Carolina P&C Insurance Exam Study Guide 20242025 with 100% correct answers 1. Abandonment: the abdication of insured property into the hands of another, or into the possession of no one in particular 2. Absolute Liability: Liability that arises from an extremely dangerous situation. Often found in cases involving explosives. Also known as "strict" liability. For exam- ple, you are absolutely liable if you keep a wild animal as a pet. 3. Accident: an unplanned, unforseen event which o...

CISR Agency Operations Self Quiz 50 Questions with Answers Which one of the following best describes actual authority? - CORRECT ANSWER When the agency is expressly given authority in the agency contract Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - CORRECT ANSWER Loyalty, good faith, reasonable care and contractual duties Which one of the following is not one of the four benefits of ethical behavior? - CORRE...