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NALA Paralegal Certification Torts Final Study Guide Questions And Answers $11.99   Add to cart

Exam (elaborations)

NALA Paralegal Certification Torts Final Study Guide Questions And Answers

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  • Course
  • NALA Paralegal
  • Institution
  • NALA Paralegal

NALA Paralegal Certification Torts Final Study Guide Questions And Answers

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  • September 2, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • nala paralegal
  • NALA Paralegal
  • NALA Paralegal
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NALA Paralegal Certification Torts Final Study Guide
Questions And Answers
open peril group ANS everything except whats listed



closed peril group ANS only whats listed



rule of 72 ANS divide a number by 72, thats how many yrs it would take for that number to double in value



english rule for attorney fees ANS the party who loses the trial must pay both parties' attorney fees and other
legal expenses



american rule for attorney fees ANS each party pays for their own attorney fees and other legal expenses



split limit coverage ANS traditional form of auto ins. divides limit of liability into 3 parts: limit for each person,
total limit, and limit for property damage.



single limit coverage ANS limit for all liability no matter how it is apportioned



which is better ANS it depends on the incident



parts of an insurance policy ANS declarations

definitions

exclusions

insuring agreement

misc



insurable interest ANS a risk of financial loss



when must an insurable interest exist in life ins ANS at the time the policy is taken out

, when must an insurable interst exist in property casualty ANS you must own the property and you must have the
insurance at time of the incident



compare/contrast torts and crimes ANS both are wrongs, torts are wrongs against an individual, crimes are
wrongs against the public



parts of a homeowners ins policy ANS dwelling

other private structures

contents

additional living expense

personal injury

medical expenses to others



assault ANS to cause fear of imminent harm



battery ANS unconsented to or unprivileged touching of person's body



three different defenses for negligence ANS contributory negligence

comparative negligence

assumption of the risk



state used defenses for negligence ANS assumption of the risk

comparative negligence



does insurance law fall under the statute of frauds and why ANS yes, the items covered by ins k are governed by
the sof



6k covered under the SOF ANS k that can't be completed in one year

k for the consideration of marriage

k for real estate

k for the debts of another

k for sale of goods over 500 or lease of goods over 1000

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