Unit 5: The Basics of Casualty
Insurance
Which of the following is an example of a liability loss?
A. A home is damaged in a tornado.
B. An insured leaves her car unlocked and her purse is stolen.
C. An insured's dog runs away and attacks and injures a neighbor boy
D. A farm house is damaged in a fire - ✔✔ correct answer C. An insured's dog runs away and attacks
and injures a neighbor boy
A civil wrong that causes damage to another person or business is known as a... - ✔✔ correct answer
tort
Which of the following is NOT a common defense against negligence?
A. Contributory negligence
B. Comparative Negligence
C. Compulsory Negligence
D. Intervening Clause - ✔✔ correct answer Compulsory Negligence
Which of the following is an example of personal injury?
A. A business owner makes false statements about his competition all over social media.
B. Mary's cat claws a child and the child has to get stitches.
Insurance
Which of the following is an example of a liability loss?
A. A home is damaged in a tornado.
B. An insured leaves her car unlocked and her purse is stolen.
C. An insured's dog runs away and attacks and injures a neighbor boy
D. A farm house is damaged in a fire - ✔✔ correct answer C. An insured's dog runs away and attacks
and injures a neighbor boy
A civil wrong that causes damage to another person or business is known as a... - ✔✔ correct answer
tort
Which of the following is NOT a common defense against negligence?
A. Contributory negligence
B. Comparative Negligence
C. Compulsory Negligence
D. Intervening Clause - ✔✔ correct answer Compulsory Negligence
Which of the following is an example of personal injury?
A. A business owner makes false statements about his competition all over social media.
B. Mary's cat claws a child and the child has to get stitches.
