AIC 300 SET CORRECT ANSWERS AND QUESTIONS
SET A+
✔✔Special damages - ✔✔Compensatory damages awarding money for specific,
identifiable expenses like medical bills or lost wages.
✔✔General damages - ✔✔Monetary award for non-specific, non-measurable losses like
pain and suffering.
✔✔Coinsurance clause - ✔✔A clause requiring the insured to carry insurance equal to
a specified percentage of property value.
✔✔Discovery - ✔✔A pretrial exchange of all relevant information between the plaintiff
and defendant.
✔✔Summons - ✔✔A document directing an officer to notify the defendant that a lawsuit
has started.
✔✔Complaint - ✔✔The allegations made by a plaintiff in a lawsuit.
✔✔Service of process - ✔✔The delivery of a summons and complaint to a defendant by
an authorized person.
✔✔Allegation - ✔✔A claim in the complaint specifying what the plaintiff expects to
prove.
✔✔Federal Rules of Civil Procedure - ✔✔Rules ensuring civil actions move through
United States district courts as quickly as possible.
✔✔Statute of limitations - ✔✔A law stipulating the length of time after an event to initiate
legal proceedings.
✔✔Stare decisis - ✔✔The principle that lower courts must follow precedents set by
higher courts.
, ✔✔Motion to dismiss - ✔✔A request that a court terminate an action due to settlement,
withdrawal, or defect.
✔✔Motion for summary judgment - ✔✔A pretrial request for judgment when no material
facts are in dispute.
✔✔Motion in limine - ✔✔A pretrial request that certain evidence be excluded from the
trial.
✔✔Big data - ✔✔Sets of data too large to be gathered and analyzed by traditional
methods.
✔✔Internet of Things (IoT) - ✔✔A network of objects transmitting data to each other and
hubs via the internet.
✔✔Telematics - ✔✔Using technological devices to transmit data via wireless
communication and GPS tracking.
✔✔Wearable sensor tag - ✔✔A sensor attached to or embedded in clothing and
accessories.
✔✔Data mining - ✔✔Analyzing large data amounts to find patterns assisting in
developing business solutions.
✔✔Algorithm - ✔✔An operational sequence used to solve mathematical problems and
create computer programs.
✔✔CRISP-DM - ✔✔Cross Industry Standard Process for Data Mining; an accepted
standard for data mining steps.
✔✔Machine learning - ✔✔AI where computers continually teach themselves to make
better decisions using data.
✔✔Complex claim - ✔✔A claim containing characteristics that cause it to cost more
than average.
✔✔Information gain - ✔✔A measure of the predictive power of one or more attributes.
✔✔Classification tree - ✔✔A supervised learning technique segmenting data to
determine categorical target variables.
✔✔Recursively - ✔✔Successively applying a model.
SET A+
✔✔Special damages - ✔✔Compensatory damages awarding money for specific,
identifiable expenses like medical bills or lost wages.
✔✔General damages - ✔✔Monetary award for non-specific, non-measurable losses like
pain and suffering.
✔✔Coinsurance clause - ✔✔A clause requiring the insured to carry insurance equal to
a specified percentage of property value.
✔✔Discovery - ✔✔A pretrial exchange of all relevant information between the plaintiff
and defendant.
✔✔Summons - ✔✔A document directing an officer to notify the defendant that a lawsuit
has started.
✔✔Complaint - ✔✔The allegations made by a plaintiff in a lawsuit.
✔✔Service of process - ✔✔The delivery of a summons and complaint to a defendant by
an authorized person.
✔✔Allegation - ✔✔A claim in the complaint specifying what the plaintiff expects to
prove.
✔✔Federal Rules of Civil Procedure - ✔✔Rules ensuring civil actions move through
United States district courts as quickly as possible.
✔✔Statute of limitations - ✔✔A law stipulating the length of time after an event to initiate
legal proceedings.
✔✔Stare decisis - ✔✔The principle that lower courts must follow precedents set by
higher courts.
, ✔✔Motion to dismiss - ✔✔A request that a court terminate an action due to settlement,
withdrawal, or defect.
✔✔Motion for summary judgment - ✔✔A pretrial request for judgment when no material
facts are in dispute.
✔✔Motion in limine - ✔✔A pretrial request that certain evidence be excluded from the
trial.
✔✔Big data - ✔✔Sets of data too large to be gathered and analyzed by traditional
methods.
✔✔Internet of Things (IoT) - ✔✔A network of objects transmitting data to each other and
hubs via the internet.
✔✔Telematics - ✔✔Using technological devices to transmit data via wireless
communication and GPS tracking.
✔✔Wearable sensor tag - ✔✔A sensor attached to or embedded in clothing and
accessories.
✔✔Data mining - ✔✔Analyzing large data amounts to find patterns assisting in
developing business solutions.
✔✔Algorithm - ✔✔An operational sequence used to solve mathematical problems and
create computer programs.
✔✔CRISP-DM - ✔✔Cross Industry Standard Process for Data Mining; an accepted
standard for data mining steps.
✔✔Machine learning - ✔✔AI where computers continually teach themselves to make
better decisions using data.
✔✔Complex claim - ✔✔A claim containing characteristics that cause it to cost more
than average.
✔✔Information gain - ✔✔A measure of the predictive power of one or more attributes.
✔✔Classification tree - ✔✔A supervised learning technique segmenting data to
determine categorical target variables.
✔✔Recursively - ✔✔Successively applying a model.
