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NALA Paralegal Certification » Torts Final STUDY GUIDE Questions And Answers $9.39   Add to cart

Exam (elaborations)

NALA Paralegal Certification » Torts Final STUDY GUIDE Questions And Answers

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  • NALA CERTIFIED PARALEGAL
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  • NALA CERTIFIED PARALEGAL

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 lo...

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  • September 22, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NALA CERTIFIED PARALEGAL
  • NALA CERTIFIED 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
k for the debts of the dead

when, where, and why of SOF - ANS 1677, Great Britian, to protect the illiterate

vicarious liability - ANS a person becomes liable for the conduct of another due to thier
relationship

tort - ANS a violation of a private legal right other than a breach of k, (express or implied) or
may be a breach of a public duty owed for which damages accrue to the individual

3 categories of torts - ANS intentional
strict liabiliy
negligence

types of intentional torts - ANS assault
battery
misuse of legal proceedings
false imprisonment

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