Cpcu 530 test questions 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...

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 ...

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 by...

CPCU 530 Test Questions & Answers 2024/2025

CPCU 530 Test Questions With 100% Complete Solutions.

CPCU 530 TEST QUESTIONS WITH COMPLETE SOLUTIONS Doctrine of stare decisis - ANSWER- The principle that lower courts must follow precedents set by higher courts. Equity - ANSWER- Fairness, or a body of principles constituting what is fair and right. Criminal law - ANSWER- The branch of the law that imposes penalties for wrongs against society. Civil Law - ANSWER- A classification of law that applies to legal matters not governed by criminal law and that protect rights and provides rem...

CPCU 530 Test questions

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 ...

CPCU 530 Test questions