Define strict liability - Study guides, Class notes & Summaries

Property and Casualty License in Arkansas Health Insurance Company :Complete Exam 2024 What is Insurance? - CORRECT ANSWER-Transfers the risk of loss from individual to insurance co. What is Risk? - CORRECT ANSWER-Chance of loss occuring What are 3 types of Hazzards? - CORRECT ANSWER-Physical, Moral, Morale What is a Peril? - CORRECT ANSWER-Causes of loss insured against What does Indemnify mean? - CORRECT ANSWER-Right for Reimbursement but only to the extent of the loss. Cannot gain...

Identify and describe the three primary purposes of excess liability/umbrella policies (LO1) - 1. Provide additional limits that are excess over underlying limits of insurance 2. Provide primary coverage when underlying poliy does not respond beacuse its aggregate limits of insruance are exhausted. 3. Provide broader coverage than the exsiting underlying insurance excess liability coverage forms and commercial umbrella liability policy - 1. follow forms - hella short - "basically what un...

Property and Casualty License in Arkansas Exam Questions and Answers 100% Pass What is Insurance? - Correct Answer ️️ -Transfers the risk of loss from individual to insurance co. What is Risk? - Correct Answer ️️ -Chance of loss occuring What are 3 types of Hazzards? - Correct Answer ️️ -Physical, Moral, Morale What is a Peril? - Correct Answer ️️ -Causes of loss insured against What does Indemnify mean? - Correct Answer ️️ -Right for Reimbursement but only to the ex...

Champions Powerhouse Training SAE 146 Questions with Verified Answers An area of neighborhoods or sub divisons that is serviced by your firm. - CORRECT ANSWER Geographic Farm A plan by which you develop to gain name recognition - CORRECT ANSWER Marketing Plan Becoming different in your approach through growth and development - CORRECT ANSWER differentiate All the properties in a particular price range, in the area your firm services - CORRECT ANSWER economic farm Words or cont...

NCTJ Essential Media Law Preliminary Exam Final Study Guide Q&A 2024 Define 'summary proceedings' - CORRECT ANSWER-Hearings in which magistrates try or sentence defendants What is an 'either way' offence? - CORRECT ANSWER-Defendants can either be tried in magistrates or crown court What is an 'indictable only' offence? - CORRECT ANSWER-The most serious crimes which begin in magistrates then the case is 'sent' to crown court What is a 'summary offence'? - CORRECT ANSWER-The ...

Fundamentals of Insurance BC questions and answers graded A+ What is the major function of insurance? - ANSWERS to allow the spread of risk What are the five important functions of insurance? - ANSWERS 1) insurance is the shifting of financial responsibility for a loss 2) payment will be made only in the event of an insured risk 3) the amount of payment is restricted to the amount required to indemnify the insured 4) insurance covers losses the object may be exposed to 5) the indemnit...

NCTJ Essential Media Law Exam Questions With Verified Answers Define 'summary proceedings' - answerHearings in which magistrates try or sentence defendants What is an 'either way' offence? - answerDefendants can either be tried in magistrates or crown court What is an 'indictable only' offence? - answerThe most serious crimes which begin in magistrates then the case is 'sent' to crown court What is a 'summary offence'? - answerThe most minor offences which are dealt with by ma...

What are the six types of intent? - correct answer General, specific, malicious, strict liability, recklessness and negligence. What are the five powers of arrest? - correct answer Warrant, felony, misdemeanor committed in your presence which is arrestable by statute misdemeanor committed in your presence which amounts to a breach of the peace misdemeanor in the past which is arrestable by statute. Define conspiracy. - correct answer Two or more people agreeing to commit a crime. Defi...

Define 'summary proceedings' - correct answer Hearings in which magistrates try or sentence defendants What is an 'either way' offence? - correct answer Defendants can either be tried in magistrates or crown court What is an 'indictable only' offence? - correct answer The most serious crimes which begin in magistrates then the case is 'sent' to crown court What is a 'summary offence'? - correct answer The most minor offences which are dealt with by magistrates. Define 'tor...

Opota Ohio Peace Officer Basic Test Questions With Correct Answers Latest (GRADED) Considerations When Exercising Discretion - Answer Situation Background Consequences Severity Reason for Law Enforcement Training - Answer To Protect Life and Property of yourself and the public. What is the relationship between a SPO and a Test Question? - Answer A test question must respond directly to a SPO and every SPO may be the basis of a test question. Factors Necessary for the commission of a cr...