Compensatory damages Study guides, Class notes & Summaries

AU62 Course Exam Practice Questions & Answers, 100% Accurate. Verified. An organization may incur losses from legal liabilities in a number of different ways. Which one of the following actions would best be described as an intentional tort? - -A newspaper mistakenly identifies the driver in an alcohol-related hit and run accident as John Doe, a prominent local attorney. Martin, a 15-year-old boy, carelessly tossed a glass bottle over the heads of several people toward a recycling bin 15...

Inception/Expiration Date - Answer- an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. Occurrence Date - Answer- Date of which the loss occurred Identification of parties involved - Answer- The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s). Policy Fo...

Property loss exposure - A condition that presents the possibility that a person or an organization will sustain a loss resulting from damage (including destruction, taking, or loss of use) to property in which that person or organization has a financial interest. Real property (realty) - Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Personal property - All tangible or intangible property that is not real property...

T/F You may be charged with a crime simply for serving a guest who appears to be intoxicated. - correct answer True T/F It is illegal to serve alcohol to a pregnant woman. - correct answer False T/F Dram shop laws protect the server from being sued in the event that an intoxicated guest injures another individual. - correct answer False T/F The state liquor authority can suspend an establishment's liquor license for allowing a minor to enter the establishment with a fake ID. - c...

CAIB 3 Practice Exam Questions With Verified & Correct Answers 2024|2025 What is the name given to the collection of written decisions? Correct Answer: Case Law Explain the concept of the Rule of Precedent. Correct Answer: Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". Correct Answer: Compens...

NURSING 5140 All SG Questions Combined (Module 1-12) Study Questions And 100% Verified Answers 2023. Module 1 Study Questions Altered Cellular & Tissue Biology Ch. 2 1. Compare and contrast cellular injury and adaptation. 1. Compare and Contrast cellular injury and adaptation. Cellular Adaptation  Cellular adaptation is an alteration that enables the cell to maintain a steady state called homeostasis despite adverse conditions. It is the cells response to protect itself from injur...

Inception/Expiration Date - ANSWER an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. Occurrence Date - ANSWER Date of which the loss occurred Identification of parties involved - ANSWER The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s). Policy Form/...

The process where by a mutul insurer becomes a stock company is called - ANSWER Demutalization The process whereby a stock company a mutal insurer is called - ANSWER Mutalization The provision in a property policy which states that the insured has been paid up to their insurable interest is - ANSWER Valuation clause The part of the policy that states the amout of coverage the insured property policy period is - ANSWER Declaration Part of the policy that establishes limits upon the in...

BUL 3310 Exam 2 FSU Bailey - Questions and Answers (Complete Solutions) Which of the following describes the duty of a landowner to a trespasser under the common law? The duty to warn of obvious dangers The duty to warn of hidden dangers The duty not to entrap the trespasser on the premises The duty to make certain that the premises are absolutely safe The doctrine that creates a rebuttable presumption that a defendant was negligent based on the nature and circumstances of the injury is Res ip...

Susie set fire to her house to collect the insurance. This is an example of a(n) MORAL HAZARDS Henry's tires on his SUV are so worn that the steel belt is showing through the tread. The condition of the tires is known as PHYSICAL HAZARDS When a driver of an auto breaks the posted speed limit, the driver's liability imposed by the law is known as ABOSLUTE LIABILITY Under compensatory damages, medical expenses are an example of SPECIAL damages. Josh attends a hockey game. While at the gam...