Actual CPCU 552 Full Exam Questions With Correct Detailed
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Terms In This Set (470)
The management of Maryland A. Leased employees are co-employees of MMC and the leasing company.
Marine Co. (MMC) must ensure that
proper coverage is obtained for work-
related injuries. The employee
population of MMC is a mixture of
full-time and part-time employees as
well as some leased employees.
Much of MMC's work is done by
independent contractors and
temporary employees during peak
seasons. Which one of the
following statements about these
persons is true? Select one:
A. Leased employees are co-
employees of MMC and the
leasing company.
B. Injuries to MMC's full-time ship
captains are likely to be covered
under state workers compensation
laws.
C. Temporary employees are
considered employees of MMC
rather than
employees of the firm supplying them
,to MMC.
D. Theindependent contractors are
automatically employees under
common law.
Most of the claims covered by liability A. Tort law.
insurance are based on
A. Tort law.
B. Contract law.
C. Government statutes.
D. Regulatory law.
A mining company has a partial ceiling B. Statute
collapse in one of its mines.
Investigators discover that the
company neglected maintenance of
their safety systems which resulted in
serious injury to several of their
employees during the mine's ceiling
collapse. The legal liability imposed on
the company for the injury to its
employees is based on
A. Negligence.
B. Statute
C. Intentional Tort.
D. Contractual Liability.
,A court rules that a demolition C. Strict liability
company is legally liable for
claimed damages resulting from
the demolition company's blasting
operations at a construction site, in
spite of the fact that the
demolition company was in no way
negligent and the resulting
damages were entirely accidental.
This type of liability is known as
A. Statutory liability.
B. Contractual liability.
C. Strict liability
D. Premises liability.
To be able to work as an independent D. Hold-harmless agreement.
contractor for XYZ Company (XYZ), Larry
has to agree to be responsible for
any legal liability of XYZ that arises from
the work that Larry does. This type of
agreement is best referred to as a
A. Statutory agreement.
B. Assumption of liability agreement.
C. Breach of contract agreement.
D. Hold-harmless agreement.
Under workers compensation, A. Statutes
employers are required to pay
prescribed benefits for
occupational injuries or illnesses of
their employees. This is an example of
legal liability based on
A. Statutes
B. Torts.
C. Civil law.
D. Contracts.
The premises and operations liability D. Mobile equipment
loss exposure includes bodily injury
or property damage claims arising out
of the use of which one of the
following?
Select one:
, A. Watercraft
B. Automobile
C. Airplane
D. Mobile equipment
Radley Contracting Company is B. Premises and operations liability
installing new signage on the front
of a building.
George, a passerby walking near the
building is injured when a Radley
employee accidentally drops a tool
from a crane. George likely has the
ability to
assert which one the following types
of claim?
Select one:
A. Premises and products liability
B. Premises and operations liability
C. Completed operations liability
D. Incompleted operations liability
Workers compensation benefits are B. On a no-fault basis
awarded
Select one:
A. Regardless of whether the injury
was work-related.
B. On a no-fault basis
C. Only if the employer provides
unsafe tools or equipment.
D. Only if the employer provides
an unsafe place to work.
If an employee is operating a vehicle D. Employer
negligently while in the course of
employment, which one of the
following parties may be found
jointly liable as
well?
Select one:
A. Co-worker
Answers A+ Solution Recent Uploaded Questions
Terms In This Set (470)
The management of Maryland A. Leased employees are co-employees of MMC and the leasing company.
Marine Co. (MMC) must ensure that
proper coverage is obtained for work-
related injuries. The employee
population of MMC is a mixture of
full-time and part-time employees as
well as some leased employees.
Much of MMC's work is done by
independent contractors and
temporary employees during peak
seasons. Which one of the
following statements about these
persons is true? Select one:
A. Leased employees are co-
employees of MMC and the
leasing company.
B. Injuries to MMC's full-time ship
captains are likely to be covered
under state workers compensation
laws.
C. Temporary employees are
considered employees of MMC
rather than
employees of the firm supplying them
,to MMC.
D. Theindependent contractors are
automatically employees under
common law.
Most of the claims covered by liability A. Tort law.
insurance are based on
A. Tort law.
B. Contract law.
C. Government statutes.
D. Regulatory law.
A mining company has a partial ceiling B. Statute
collapse in one of its mines.
Investigators discover that the
company neglected maintenance of
their safety systems which resulted in
serious injury to several of their
employees during the mine's ceiling
collapse. The legal liability imposed on
the company for the injury to its
employees is based on
A. Negligence.
B. Statute
C. Intentional Tort.
D. Contractual Liability.
,A court rules that a demolition C. Strict liability
company is legally liable for
claimed damages resulting from
the demolition company's blasting
operations at a construction site, in
spite of the fact that the
demolition company was in no way
negligent and the resulting
damages were entirely accidental.
This type of liability is known as
A. Statutory liability.
B. Contractual liability.
C. Strict liability
D. Premises liability.
To be able to work as an independent D. Hold-harmless agreement.
contractor for XYZ Company (XYZ), Larry
has to agree to be responsible for
any legal liability of XYZ that arises from
the work that Larry does. This type of
agreement is best referred to as a
A. Statutory agreement.
B. Assumption of liability agreement.
C. Breach of contract agreement.
D. Hold-harmless agreement.
Under workers compensation, A. Statutes
employers are required to pay
prescribed benefits for
occupational injuries or illnesses of
their employees. This is an example of
legal liability based on
A. Statutes
B. Torts.
C. Civil law.
D. Contracts.
The premises and operations liability D. Mobile equipment
loss exposure includes bodily injury
or property damage claims arising out
of the use of which one of the
following?
Select one:
, A. Watercraft
B. Automobile
C. Airplane
D. Mobile equipment
Radley Contracting Company is B. Premises and operations liability
installing new signage on the front
of a building.
George, a passerby walking near the
building is injured when a Radley
employee accidentally drops a tool
from a crane. George likely has the
ability to
assert which one the following types
of claim?
Select one:
A. Premises and products liability
B. Premises and operations liability
C. Completed operations liability
D. Incompleted operations liability
Workers compensation benefits are B. On a no-fault basis
awarded
Select one:
A. Regardless of whether the injury
was work-related.
B. On a no-fault basis
C. Only if the employer provides
unsafe tools or equipment.
D. Only if the employer provides
an unsafe place to work.
If an employee is operating a vehicle D. Employer
negligently while in the course of
employment, which one of the
following parties may be found
jointly liable as
well?
Select one:
A. Co-worker
