CISR Commercial Casualty 1 UPDATED
ACTUAL Questions and CORRECT
Answers
Liability - CORRECT ANSWER - the state of being bound or obliged in law or justice to
do, pay or make good something: legal responsibility
Common law - CORRECT ANSWER - set of legal rules used in the US to resolve civil
not criminal disputes in courts
Legal Responsibility - CORRECT ANSWER - determined in court by either a judge or
jury
Types of Liability Exposures - CORRECT ANSWER - Premises
Operations
Products
Completed Operations
Ownership, maintenance or use of Autos
Ownership, Maintenance or use of Other Conveyances
Employment
Liquor
Environmental Impairment
Bailee
Premises Liability - CORRECT ANSWER - Applies to specific locations it is the liability
that arises out of an injury or damage to property because of the ownership, maintenance or use
of that location
, Operations - CORRECT ANSWER - typically occur away from the premises can be
caused b y activities such as construction, processing or providing services on someone else's
property
Products Liability - CORRECT ANSWER - Defects in product design, manufacturing, or
the failure to sufficiently warn or explain the safe use of a product to consumers
Completed Operations Liability - CORRECT ANSWER - arising out of the injury and/or
damage caused by defective or improper workmanship after the work has been completed
ownership maintenance or use of autos - CORRECT ANSWER - auto liability IE an
employee causing and accident using a company car or poor vehicle maintenance
ownership maintenance or use of other conveyances - CORRECT ANSWER - liability
arises from the means of transport and itemes to be transported fall under various regulations and
restrictions. Mobile equipment, barges ect
Employment Liabiltiy - CORRECT ANSWER - physical injury, secual harrasment,
harrasment, the employer's responsibility of acts that could harm the employee financially
Liquor Liability - CORRECT ANSWER - places that sell and serve alcohol or if the
company has proived alcholoic berages
environmental liability - CORRECT ANSWER - operations or products of a buisness
cause environmental harm
pollutants - CORRECT ANSWER - any material that is not where it is supposed to be
professional liability - CORRECT ANSWER - making an error when rendering
professional services can reslt in damages beyone injuries or damage to property
ACTUAL Questions and CORRECT
Answers
Liability - CORRECT ANSWER - the state of being bound or obliged in law or justice to
do, pay or make good something: legal responsibility
Common law - CORRECT ANSWER - set of legal rules used in the US to resolve civil
not criminal disputes in courts
Legal Responsibility - CORRECT ANSWER - determined in court by either a judge or
jury
Types of Liability Exposures - CORRECT ANSWER - Premises
Operations
Products
Completed Operations
Ownership, maintenance or use of Autos
Ownership, Maintenance or use of Other Conveyances
Employment
Liquor
Environmental Impairment
Bailee
Premises Liability - CORRECT ANSWER - Applies to specific locations it is the liability
that arises out of an injury or damage to property because of the ownership, maintenance or use
of that location
, Operations - CORRECT ANSWER - typically occur away from the premises can be
caused b y activities such as construction, processing or providing services on someone else's
property
Products Liability - CORRECT ANSWER - Defects in product design, manufacturing, or
the failure to sufficiently warn or explain the safe use of a product to consumers
Completed Operations Liability - CORRECT ANSWER - arising out of the injury and/or
damage caused by defective or improper workmanship after the work has been completed
ownership maintenance or use of autos - CORRECT ANSWER - auto liability IE an
employee causing and accident using a company car or poor vehicle maintenance
ownership maintenance or use of other conveyances - CORRECT ANSWER - liability
arises from the means of transport and itemes to be transported fall under various regulations and
restrictions. Mobile equipment, barges ect
Employment Liabiltiy - CORRECT ANSWER - physical injury, secual harrasment,
harrasment, the employer's responsibility of acts that could harm the employee financially
Liquor Liability - CORRECT ANSWER - places that sell and serve alcohol or if the
company has proived alcholoic berages
environmental liability - CORRECT ANSWER - operations or products of a buisness
cause environmental harm
pollutants - CORRECT ANSWER - any material that is not where it is supposed to be
professional liability - CORRECT ANSWER - making an error when rendering
professional services can reslt in damages beyone injuries or damage to property
