Liability Study guides, Class notes & Summaries

Ramp Final Exam 2024 Complete Verified Questions and Answers What is the minum number of years you should hold onto your incident document forms (ANS-2 yrs Dram Shop Liability is commonly called third party liability b/c the lawsuit involves three parties (ANS-1st the license and or server 2nd the minor/intoxicated patron 3rd the victim Generally a lawsuit for personal injuries can be filed up to 2 yrs from the incident

Property & Casualty Cheat Sheet – Questions and Answers Already Passed What are the forms of homeowner policies? HO-2, HO-3, HO-4, HO-5, HO-6, HO-8. Each of these forms provides identical liability coverage. The property coverage varies with the homeowners form selected. The following is a list of the forms with the covered perils of each. HO-2 Broad form; owner occupant HO-3 Special Form; owner occupant HO-4 Tenants or Renters HO-5 Comprehensive Form; owner-occupant (open to...

What is the failure to use that degree of care which n ordinary person of reasonable prudence would use under similar circumstances? Negligence What is a situation involving a person other than an insured? Third Party Loss What is the responsibility to another for one's negligence? Liability Mary has a homeowner's policy. Her Coverage A limit of liability is $250,000 and her Coverage B limit of liability is $125,000. Her policy has a 2% deductible. What is her deductible? $5...

All of the following activities would warrant the imposition of absolute liability EXCEPT risky transportation. In which of the following situations would workers' compensation benefits be covered for an injured employee? a slip and fall while on the job at work The Terrorism Risk Insurance Act and the National Flood Insurance Program are similar by providing which of the following? subsidies, loss sharing or excess coverage All of the following specify limits of i...

5 Dollar Traffic School Exam 2023 with complete solution What are some types of vehicle technology advancements? dashboards, cell phones, navigation systems, driving techniques, braking systems What is a seat belt pretensioner? Pretensioners automatically tighten the belt to prevent the individual from jerking forward in a collision or at a sudden stop. You no longer have to pull the adjustable strap to fit your body. Why do traffic laws exist? Traffic laws reduce chaos, keep traffic mov...

Advantages of operating a Sole Proprietorship? - ANSWERSsimplicity (easy to establish and less paperwork-only requirement is business licenses and permit) single layer of taxation!!! privacy (not required to report anything to anyone) flexibility and control fewer limitations on personal income Personal satisfaction (take your own risks and enjoy the reward) Disadvantages of sole proprietorship - ANSWERSfinancial liability (unlimited liability) demands of the owner (alot more...

To reduce liability, pharmacists administering immunizations should take the following three steps: - Receive specialized training and stay current with vaccine information updates; educate patients about the benefits and risks of vaccinations; and emulate local standards of care. Can technicians administer vaccinations? - No Pregnant women should not get what kind of vaccines? - Live Antigenic shifts produce ________ changes in type _____ antigens - MAJOR; A Antigenic drifts produce _____...

What always stays constant regardless of where you work? - ANSWER-Change What is the goal of managed care system? - ANSWER-To control coast Which category in the instruction's organizational chart best describes line officer's position? - ANSWER-Employees What is the most important factor in being a security supervisor? - ANSWER-Honesty and Integrity Who makes most of the critical security decisions in the organization? - ANSWER-Security Supervisor What are the two distinct side...

Loss exposure - Any condition or situation that presents a possibility of loss, whether or not an actual loss occurs Risk management - The process of making and implementing decisions that will minimize the adverse effects of accidental losses on an organization Loss prevention - A risk control technique that reduces the frequency of a particular loss Loss reduction - A risk control technique that reduces the severity of a particular loss Exposure unit - A fundamental measure of the loss e...

ISMA Traffic Signal Technician II EXAM LATEST UPDATE 2024. The traffic field technician is responsible for performing what types of maintenance on signals? - CORRECT ANSWER - Preventive and Emergency The single most important focus for the traffic signal field technician is? - CORRECT ANSWER - Safety Three main categories of safety a traffic signal technician is responsible for? - CORRECT ANSWER - Safety of motorist and pedestrians His or her own personal safety Safety of public and perso...