Wrongful - Study guides, Revision notes & Summaries

AIC 301 4, 5, 6 QUESTIONS AND ANSWERS (GRADED A+) AIC 301 4, 5, 6 QUESTIONS AND ANSWERS (GRADED A+) AIC 301 4, 5, 6 QUESTIONS AND ANSWERS (GRADED A+) Proximate cause - ANSWER-A cause that, in a natural and continuous sequence unbroken by any new and independent cause, produces an event and without which the event would not have happened. Negligence - ANSWER-The failure to exercise the degree of care that a reasonable person in a similar situation would exercise to avoid harming others....

Why can occurrence policies be difficult for insurers? - ️️open-ended nature of claim reporting makes it difficult to estimate the ultimate losses that will be made against the policy What influences led to the development of the 1st Standard General Liability Policy - ️️Policy Issues * Forms independently written by insurers * Inconsistent, complex & confusing * Ambiguous/complex legal language * Difficult for courts to interpret CGL covers damages arise out of - ️️1. Bodil...

The TREC residential contract forms are: - ANSWER Drafted by the Broker Lawyer Committee Wrongful or criminal deception intended to result in financial or personal gain is called: - ANSWER fraud Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. - ANSWER goods If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: - ANSWER Enter into a Seller's Temporary Residential Lease The Buyer and Seller ...

The TREC residential contract forms are: (Ans- Drafted by the Broker Lawyer Committee Wrongful or criminal deception intended to result in financial or personal gain is called: (Ans- fraud Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. (Ans- goods If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: (Ans- Enter into a Seller's Temporary Residential Lease The Buyer and Seller Temp...

The performance of a totally wrongful and is an unlawful act - malfeasance The performance of a lawful act in an illegal or improper manner - misfeasance The failure to act when one should - nonfeasance Precedent is a case that serves as a model for - future cases Etiquette is - good manners standards of etiquette in a specific situation is termed - protocol Licensure to practice medicine is done by - each individual state

The major portion of the premium for an equipment breakdown policy pays -For repairs after a loss. -For coverage for bodily injury and property damage of others. -For replacement parts. -For inspections and examinations. - Answer-For inspections and examinations. #3. The party to a surety or fidelity bond who promises to fulfill the obligation is the a) Principal. b) Custodian. c) Surety. d) Obligee. - Answer-Principal #4. An insurer neglects to pay a legitimate claim that is...

AIC 301 EXAM LATEST QUESTIONS AND CORRECT ANSWERS ALREADY PASSED An intentional false and misleading statement about a characteristic of a plaintiff's product, resulting in financial damage to the plaintiff. - Answer-Product disparagement, or trade libel An encroachment on another person's right to be left alone. - Answer-Invasion of privacy A breach of the duty of good faith and fair dealing. - Answer-Bad faith (outrage) A group of torts involving disparagement that causes harm ...

Sources of tort law - Answer Common Law and Statutory Law Intentional tort - Answer a wrongful act that was knowingly committed Unintentional tort - Answer a wrongful act that was not knowingly committed (negligence) Tortfeasor - Answer one who commits a tort Negligence (unintentional) - Answer Occurs when the plaintiff is injured because of defendant's breach of duty of care Negligence Test - Answer 1. Did the defendant owe a duty of care? 2. Did the defenda...

Complete Test Bank for Biology Science for Life, 6th Edition by Colleen M. Belk, Virginia Borden Maier ; ISBN13: 9780135214084...(Full Chapters included and organized in reverse order from Chapter 26 to 1)...1.Can Science Cure the Common Cold? 2.Science Fiction, Bad Science, and Pseudoscience 3.Is It Possible to Supplement Your Way to Better Performance and Health? 4.Body Weight and Health 5.Life in the Greenhouse 6.Cancer 7.Fertility 8.Does Testing Save Lives 9.Biology of Wrongful Convi...

The major portion of the premium for an equipment breakdown policy pays -For repairs after a loss. -For coverage for bodily injury and property damage of others. -For replacement parts. -For inspections and examinations. - CORRECT ANSWER For inspections and examinations. #3. The party to a surety or fidelity bond who promises to fulfill the obligation is the a) Principal. b) Custodian. c) Surety. d) Obligee. - CORRECT ANSWER Principal #4. An insurer neglects t...