Strict liability - Study guides, Class notes & Summaries

Legal Liability - A responsibility or obligation to others, which courts recognize and enforce. In general failure to meet this duty often results in the imposition of monetary damages. 3 Types of Legal Liability - Tort Liability, Statutory Liability, Contractual Liability 4 Types of Tort Liability - Negligence, Intentional Torts, Strict Liability, Absolute Liability Name the four requirements of a negligent tort (long version) - 1. Duty owed by negligent party to another party, 2. Breach o...

Personal Lines Insurance Practice Exam Questions and Answers Latest | 100% Correct. Bobby, age 16, borrows his parents' car without their permission and gets into an accident. Which of the following statements about coverage under the parents' personal auto policy is CORRECT? A) Bobby is covered by his parents' policy because he is included in the definition of named insured. B) Bobby is not covered for this accident because he used the car without permission. C) Bobby is not covered ...

RAMP Certification Test Questions and Answers 100% Correct 2024 RAMP Certification Test Questions and Answers 100% Correct 2024 1.) Which of the following is NOT a component of RAMP certification? A. Owner/Manager Training B. Server/Seller Training C. New Employee Orientation D. Signage E. Affidavit Request for RAMP Certification F. ALL of the above are RAMP components F. ALL of the above are RAMP components 2.) If a licensee or employee sells to a visibly intoxicated person or minor...

Test Bank for Dynamic Business Law 6e 6th Edition by Nancy Kubasek, M. Neil Browne, Lucien Dhooge, Linda Barkacs, Daniel Herron, Andrea Giampetro-Meyer, Carrie Williamson. ISBN-13: 3976 Full Chapters test bank included Part One: THE LEGAL ENVIRONMENT OF BUSINESS Chapter 1: An Introduction to Dynamic Business Law  Chapter 2: Business Ethics  Chapter 3: The US Legal System Chapter 4: Alternative Dispute Resolution Chapter 5: Constitutional Principles  Chapter 6: International ...

NC adjuster Exam Questions and Answers Already Passed Inception/Expiration Date - Answer ️️ -The date on which coverage became effective or expired. Policies in North Carolina become effective and expire at 12:01am Occurrence Date - Answer ️️ -The date on which the loss occurred Identification of Parties involve - Answer ️️ -The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names ...

Test Bank for Business Law: Text and Cases, 15th Edition, Kenneth W. Clarkson, Roger LeRoy Miller, ISBN: 9630 Table of Contents UNIT ONE: THE LEGAL ENVIRONMENT OF BUSINESS. 1. Law and Leg al Reasoning. 2. Business and the Constitution. 3. Ethics in Business —Appendix to Chapter 3: Costco Code of Ethics. 4. Courts and Alternative Dispute Resolution. 5. Court Procedures. Unit One: Task-Based Simulation – Application and Ethics: Arbitration, No Class Actions. UNIT TWO: TORTS AND CRIMES. 6. Tort...

Texas Jurisprudence Exam questions and answers latest top score. Can a patient successfully sue a doctor if there is no physician-patient relationship? - correct answers.No If there is no prior physician-patient relationship, are you legally obliged to respond to a call from a patient for treatment? - correct answers.No Does being on call give rise to a physician-patient relationship? - correct answers.No How can one terminate a physician-patient relationship,...

NC adjuster Exam Questions and Answers Already Passed Inception/Expiration Date The date on which coverage became effective or expired. Policies in North Carolina become effective and expire at 12:01am Occurrence Date The date on which the loss occurred Identification of Parties involve The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s) Policy form /Number Id...

Texas Jurisprudence Exam Questions And Answers All Verified & Correct 2023 Can a patient successfully sue a doctor if there is no physician-patient relationship? - ANS No If there is no prior physician-patient relationship, are you legally obliged to respond to a call from a patient for treatment? - ANS No Does being on call give rise to a physician-patient relationship? - ANS No How can one terminate a physician-patient relationship, without abandonment if there is ongoing tre...

FINN 3623 Exam 1 Terms (Nelson Driver) || All Questions & Solutions (Rated A+) FINN 3623 Exam 1 Terms (Nelson Driver) || All Questions & Solutions (Rated A+) Risk - ANSWER - The uncertainty of an outcome -Can be positive or negative Pure Risk - ANSWER - The chance of having a loss or chance of not having a loss (When insurance companies write a policy, the only policy they take under consideration) Subjective Risk - ANSWER - Attitude toward risk (Also known as your level of risk toler...