Bailor Study guides, Class notes & Summaries

CPCU 530 Test Questions with Correct Answers Bailor - Answer-The owner of the personal property in a bailment. Implied-in-law contract - Answer-An obligation that is not an actual contract but that is imposed by law because of the parties' conduct or some special relationship between them or because one of them would otherwise be unjustly enriched Implied-in-fact contract - Answer-A contract that is not express but that the parties presumably intended, either by tacit understanding or b...

In-depth yet succinct revision notes of topics from all Commercial Law Lectures, comprising all relevant cases (key facts, decisions, rules) and relevant statutes, as well as some reference to journal articles and other secondary sources. Can be used for exam revision (multiple choice and/or problem/essay questions) as it contains sufficient information needed, or to accompany your coursework research for various topics in Commercial Law. (Please excuse any typos) Contents: Formation of A...

CIC COMMERCIAL MULTILINE - INLAND MARINE BAILEE-BAILOR SEGMENT EXAM QUESTIONS WITH CORRECT ANSWERS

FSE 2080 Funeral Law Midterm Latest Version Graded A+ Abatement This term refers to a reduction in the amount of a bequest specified in a will when the estate does not have enough assets to cover it fully. Ademption This concept involves the loss or cancellation of a bequest because the decedent no longer owned the item or property specified at the time of their death. Administrator A person appointed by the court to handle the affairs of an estate for someone who has died inte...

AAMI Mort Law Final Exam Questions and Answers Already Passed Funeral goods that are sold by the funeral home carry an implied warranty of merchantability True Magnuson-Moss Warranty Act is a federal statute which governs only express warranties False Magnuson-Moss Warranty Act is a federal statute which governs both express and implied warranties True Magnuson-Moss Warranty Act allows funeral homes ( sellers of merchandise) to disclaim warranties if the seller does it by usin...

CIC Commercial Multi-Line Exam Questions and Answers Describe how inland marine insurance started - Answer ️️ -evolved from ocean marine -filled gap in coverage as good transitioned from ocean marine -cover goods in transit over land Does inland marine also apply to instruments of transportation and communication? - Answer ️️ Yes, ex. Bridges, tunnels, piers, cell towers, pipelines. What is the basic exclusion applicable to inland marine? - Answer ️️ Property in a fixed loca...

Funeral Directing Arts SBE Study Guide Exam Questions & Answers 2024/2025 Herzberg - ANSWERSWhat term describes the "two factor" theory? Express & Implied Warranties - ANSWERSThe Magnuson-Moss Warranty Act is a federal statute which governs: Libitinarius - ANSWERSRoman undertaker was known as: Trisagion - ANSWERSThree short services or blessings, conducted at the funeral home the evening before the funeral service, on the day of the funeral service before leaving the funeral home...

Describe how inland marine insurance started - Answer- -evolved from ocean marine -filled gap in coverage as good transitioned from ocean marine -cover goods in transit over land Does inland marine also apply to instruments of transportation and communication? - Answer- Yes, ex. Bridges, tunnels, piers, cell towers, pipelines. What is the basic exclusion applicable to inland marine? - Answer- Property in a fixed location is not eligible for marine insurance Lost 4 types of floaters - ...

Describe how inland marine insurance started -evolved from ocean marine -filled gap in coverage as good transitioned from ocean marine -cover goods in transit over land Does inland marine also apply to instruments of transportation and communication? Yes, ex. Bridges, tunnels, piers, cell towers, pipelines. What is the basic exclusion applicable to inland marine? Property in a fixed location is not eligible for marine insurance Lost 4 types of floaters -jewelry -fine ...

CIC COMMERCIAL MULTILINE - INLAND MARINE BAILEE-BAILOR SEGMENT EXAM QUESTIONS AND ANSWERS