CISR Commercial Casualty 1 UPDATED ACTUAL Questions
and CORRECT Answers
the state of being bound or obliged in law or justice to do, pay,
liability
or make good something; legal responsibility
the set of legal rules used in the United States to resolve civil—
common law
not criminal—disputes in courts
business liability the obligations carried by a business at any one time
-premises
-operations
-products
-completed operations
-ownership, maintenance, or use of autos
categories of business liability -ownership, maintenance or use of conveyances
-employment
-liquor
-environmental liabiltiy
-professional
-bailee
liability that arises out of an injury or damage to property
premises liability
because of the ownership, maintenance, or use of that location.
an office building, a store, a warehouse, or a manufacturing
examples of premises facility; may also include the insured's parking area, sidewalks,
paths leading up to the insured's building
a customer is injured in a public building when they slip and fall
example of premises liability
due to water being on the floor
exposures that typically occur away from the premise of the
operations liability business; can be caused by activities such as construction,
processing, or providing services on someone else's property
roofer drops a piece of equipment through an unsecured skylight
example of operations liability
and injures the homeowner
, caused by defects in product design, manufacturing, or the
products liability failure to sufficiently warn or explain the safe use of the product
to consumers
toy manufacturer that does not include a warning about a
example of products liability
choking hazard for small children
exists when companies have knowledge of dangers related to a
products liability
product and do not share this information with the public
arises out of the injury and/or damage caused by defective or
completed operations liability
improper workmanship, after the work has been completed.
a roofer who replaces a roof, yet afterward, leaks cause damage
example of operations liability
to the inside of the building
Any company that installs, builds, services, or repairs things has
operations liability
this exposure
arise out of injury and/or damage due to the ownership,
automobile liability
maintenance, or use of an auto
if an employee causes an accident while driving a company car,
example of auto liability the business that owns the vehicle can be held responsible for
any damages, as can the drive
mobile equipment is being used to haul gravel from place to
example of conveyance liability place; a barge is being used to transport construction equipment
on a river
subject to laws and regulations governing injury to workers;
employment liability
includes physical injury, sexual harassment or bullying
the employer failing to enroll the employee in a health plan or
examples of employment
failing to pay an employee because of an error in their payroll
liability
system
vary from state to state as it is subject to differences in statutes
liquor liability and in how a business operates; not limited to places that sell
and serve alcohol.
individual becomes intoxicated at a company function where the
examples of liquor liability company has provided alcoholic beverages, a bar serving
alcohol
environmental impairment when the operations or products of a business cause
liability environmental harm
example of environmental gas tanks at a filling station that leak into the soil or a truck
impairment carrying milk crashing and spilling milk into a lake
anyone offering specialized services arising from their unique
professional liability
knowledge and training can have this type of exposure
a wedding photographer accidentally deleting all the photos
example of professional liability
from wedding day
exists as a direct result of possessing another's property;
bailee liability businesses that have custody or control of the property of others
have this exposure
if a jeweler keeps a customer's diamond watch overnight and it is
stolen, the jeweler will have this type of liability; if the windshield
example of bailee liability
of a car is cracked while in the custody and control of an auto
repair shop
and CORRECT Answers
the state of being bound or obliged in law or justice to do, pay,
liability
or make good something; legal responsibility
the set of legal rules used in the United States to resolve civil—
common law
not criminal—disputes in courts
business liability the obligations carried by a business at any one time
-premises
-operations
-products
-completed operations
-ownership, maintenance, or use of autos
categories of business liability -ownership, maintenance or use of conveyances
-employment
-liquor
-environmental liabiltiy
-professional
-bailee
liability that arises out of an injury or damage to property
premises liability
because of the ownership, maintenance, or use of that location.
an office building, a store, a warehouse, or a manufacturing
examples of premises facility; may also include the insured's parking area, sidewalks,
paths leading up to the insured's building
a customer is injured in a public building when they slip and fall
example of premises liability
due to water being on the floor
exposures that typically occur away from the premise of the
operations liability business; can be caused by activities such as construction,
processing, or providing services on someone else's property
roofer drops a piece of equipment through an unsecured skylight
example of operations liability
and injures the homeowner
, caused by defects in product design, manufacturing, or the
products liability failure to sufficiently warn or explain the safe use of the product
to consumers
toy manufacturer that does not include a warning about a
example of products liability
choking hazard for small children
exists when companies have knowledge of dangers related to a
products liability
product and do not share this information with the public
arises out of the injury and/or damage caused by defective or
completed operations liability
improper workmanship, after the work has been completed.
a roofer who replaces a roof, yet afterward, leaks cause damage
example of operations liability
to the inside of the building
Any company that installs, builds, services, or repairs things has
operations liability
this exposure
arise out of injury and/or damage due to the ownership,
automobile liability
maintenance, or use of an auto
if an employee causes an accident while driving a company car,
example of auto liability the business that owns the vehicle can be held responsible for
any damages, as can the drive
mobile equipment is being used to haul gravel from place to
example of conveyance liability place; a barge is being used to transport construction equipment
on a river
subject to laws and regulations governing injury to workers;
employment liability
includes physical injury, sexual harassment or bullying
the employer failing to enroll the employee in a health plan or
examples of employment
failing to pay an employee because of an error in their payroll
liability
system
vary from state to state as it is subject to differences in statutes
liquor liability and in how a business operates; not limited to places that sell
and serve alcohol.
individual becomes intoxicated at a company function where the
examples of liquor liability company has provided alcoholic beverages, a bar serving
alcohol
environmental impairment when the operations or products of a business cause
liability environmental harm
example of environmental gas tanks at a filling station that leak into the soil or a truck
impairment carrying milk crashing and spilling milk into a lake
anyone offering specialized services arising from their unique
professional liability
knowledge and training can have this type of exposure
a wedding photographer accidentally deleting all the photos
example of professional liability
from wedding day
exists as a direct result of possessing another's property;
bailee liability businesses that have custody or control of the property of others
have this exposure
if a jeweler keeps a customer's diamond watch overnight and it is
stolen, the jeweler will have this type of liability; if the windshield
example of bailee liability
of a car is cracked while in the custody and control of an auto
repair shop
