Bailor Study guides, Class notes & Summaries
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CPCU 530 Test Questions with Correct Answers
- Exam (elaborations) • 9 pages • 2024
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CPCU 530 Test Questions 
with Correct Answers 
 
Bailor - Answer-The owner of the personal property in a bailment. 
Implied-in-law contract - Answer-An obligation that is not an actual contract but that is 
imposed by law because of the parties' conduct or some special relationship between 
them or because one of them would otherwise be unjustly enriched 
Implied-in-fact contract - Answer-A contract that is not express but that the parties 
presumably intended, either by tacit understanding or b...
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CIC COMMERCIAL MULTILINE - INLAND MARINE BAILEE-BAILOR SEGMENT EXAM QUESTIONS WITH CORRECT ANSWERS
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CIC COMMERCIAL MULTILINE - INLAND MARINE BAILEE-BAILOR SEGMENT EXAM QUESTIONS WITH CORRECT ANSWERS
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PRINCIPLES OF COMMERCIAL LAW: ALL TOPICS (Revision Notes)
- Other • 60 pages • 2023
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In-depth yet succinct revision notes of topics from all Commercial Law Lectures, comprising all relevant cases (key facts, decisions, rules) and relevant statutes, as well as some reference to journal articles and other secondary sources. Can be used for exam revision (multiple choice and/or problem/essay questions) as it contains sufficient information needed, or to accompany your coursework research for various topics in Commercial Law. (Please excuse any typos) 
 
Contents: 
 
Formation of A...
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FSE 2080 Funeral Law Midterm Latest Version Graded A+
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FSE 2080 Funeral Law Midterm Latest 
 
Version Graded A+ 
 
Abatement This term refers to a reduction in the amount of a bequest specified in a will 
when the estate does not have enough assets to cover it fully. 
 
Ademption This concept involves the loss or cancellation of a bequest because the decedent 
no longer owned the item or property specified at the time of their death. 
 
Administrator A person appointed by the court to handle the affairs of an estate for someone 
who has died inte...
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CIC Commercial Multi-Line Exam Questions and Answers
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CIC Commercial Multi-Line Exam Questions and Answers 
Describe how inland marine insurance started - Answer ️️ -evolved from ocean 
marine 
-filled gap in coverage as good transitioned from ocean marine 
-cover goods in transit over land 
Does inland marine also apply to instruments of transportation and 
communication? - Answer ️️ Yes, ex. Bridges, tunnels, piers, cell towers, 
pipelines. 
What is the basic exclusion applicable to inland marine? - Answer ️️ Property in 
a fixed loca...
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AAMI Mort Law Final Exam Questions and Answers Already Passed
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AAMI Mort Law Final Exam Questions 
 
and Answers Already Passed 
 
Funeral goods that are sold by the funeral home carry an implied warranty of merchantability 
True 
 
Magnuson-Moss Warranty Act is a federal statute which governs only express warranties 
False 
 
Magnuson-Moss Warranty Act is a federal statute which governs both express and implied 
warranties True 
 
Magnuson-Moss Warranty Act allows funeral homes ( sellers of merchandise) to disclaim 
warranties if the seller does it by usin...
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Funeral Directing Arts SBE Study Guide Exam Questions & Answers 2024/2025
- Exam (elaborations) • 37 pages • 2024
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Funeral Directing Arts SBE Study Guide Exam Questions & Answers 2024/2025 
 
 
Herzberg - ANSWERSWhat term describes the "two factor" theory? 
 
Express & Implied Warranties - ANSWERSThe Magnuson-Moss Warranty Act is a federal statute which governs: 
 
Libitinarius - ANSWERSRoman undertaker was known as: 
 
Trisagion - ANSWERSThree short services or blessings, conducted at the funeral home the evening before the funeral service, on the day of the funeral service before leaving the funeral home...
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CIC Commercial Multi-Line
- Exam (elaborations) • 10 pages • 2023
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Describe how inland marine insurance started - Answer- -evolved from ocean marine 
-filled gap in coverage as good transitioned from ocean marine 
-cover goods in transit over land 
 
Does inland marine also apply to instruments of transportation and communication? - Answer- Yes, ex. Bridges, tunnels, piers, cell towers, pipelines. 
 
What is the basic exclusion applicable to inland marine? - Answer- Property in a fixed location is not eligible for marine insurance 
 
Lost 4 types of floaters - ...
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CIC Commercial Multi-Line actual exam with 100% correct answers(latest update)
- Exam (elaborations) • 19 pages • 2024
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Describe how inland marine insurance started 
-evolved from ocean marine 
-filled gap in coverage as good transitioned from ocean marine 
-cover goods in transit over land 
 
 
 
Does inland marine also apply to instruments of transportation and communication? 
Yes, ex. Bridges, tunnels, piers, cell towers, pipelines. 
 
 
 
What is the basic exclusion applicable to inland marine? 
Property in a fixed location is not eligible for marine insurance 
 
 
 
Lost 4 types of floaters 
-jewelry 
-fine ...
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CIC COMMERCIAL MULTI-LINE EXAM PREP QUESTIONS AND ANSWERS
- Exam (elaborations) • 18 pages • 2024
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CIC COMMERCIAL MULTI-LINE EXAM PREP QUESTIONS AND ANSWERS 
 
Bailor- may have their own coverage on goods bailor policy will contain provision that prevents protection from any bailee 
 
Identify and apply Property Covered and Property Not Covered by this AAIS Builders Risk Coverage Form - Answer-Property Covered: 
 
Building/ Structure 
Materials to be permanetly installed 
backfilling, foundation, grading 
scaffolding temp. fencing + temp structures 
 
Property Not Covered: 
 
Contraband...
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