Consequential damages - Study guides, Class notes & Summaries
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2024 GEORGIA ADJUSTER EXAM/ACTUAL EXAM WITH 100% CORRECT DETAILED AND VERIFIED SOLUTIONS/A+ GRADE
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2024 GEORGIA ADJUSTER EXAM/ACTUAL EXAM WITH 100% CORRECT DETAILED AND VERIFIED SOLUTIONS/A+ GRADE 
 
 
Consequential also known as Indirect Loss 
An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? 
 
Combined Single 
The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $50...
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CIC Commercial Casualty Institute actual exam with 100% correct answers(latest update)
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What are 4 major loss exposures covered by CGL Form? 
 
LO1 
1. Premises Liability (slip and fall due to water on the floor) 
 
2. Operations Liability 
(Tree trimmer causes damage to power lines by removing fallen limbs) 
 
3. Product Liability (ladder collapses when being used as intended) 
 
4. Completed Operations 
A contractor installs a hot water heater and leaves the home, 2 days later, water overflows onto the floor causing damage because the hot water heater was improperly installed. 
 ...
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AFSB 152 - The Institutes Practice Exam Questions and Answers 2023
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AFSB 152 - The Institutes Practice Exam Questions and Answers 2023 
Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? 
• Heavy and highway construction 
• General Engineering contractor 
• General Building contractor 
• Design/build contractor - Correct Answer-Heavy and highway construction 
 
The project owner for a new shopping plaza being built in Highville is the Hig...
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Commercial Lines 101 CE Questions and Answers 2024
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Commercial Lines 101 CE Questions and 
Answers 2024 
Insurer - Answer -The insurance company 
Named Insured/Insured - Answer -The policyholder 
Financial Definition of Insurance - Answer -A financial agreement involving the redistribution of financial 
losses 
Legal Definition of Insurance - Answer -A contractual agreement in which one party (the insurer) agrees 
to compensate or indemnify another party (the insured) for fortuitous losses 
Loss Pooling - Answer -the sharing of total losses susta...
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New York State Auto Damage and Theft quiz 17-71 with correct answers
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Jim Smith is involved in a collision claim and is no longer able to use the vehicle to go to work. This "loss of use" is referred to as a: 
 
Direct loss 
Indirect loss 
Loss evaluation 
Consequential loss 
Consequential loss 
 
 
 
When the rear of the vehicle is damaged and there is a gap between the trunk lid and the quarter panel, what else on the vehicle should the appraiser check? 
 
The center pillar 
The trunk floor 
The quarter panels 
The frame rails 
The frame rails 
 
 
 
In auto p...
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Georgia Adjuster Exam Questions and Answers Already Passed
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Georgia Adjuster Exam Questions and Answers Already Passed 
An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Consequential also known as Indirect Loss 
The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bo...
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Georgia Adjuster Exam questions with correct answers
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Consequential also known as Indirect Loss CORRECT ANS an insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result, the insured lost income. What type of loss is this? 
 
Combined Single CORRECT ANS The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bodily injury and p...
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WGU C426 Healthcare Values and Ethics Rated A+
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WGU C426 Healthcare Values and Ethics Rated A+ 
Normative Ethics Attempt to determine what moral standards should be followed so that human behavior and conduct may be morally right. 
Consequential Ethics Theory of ethics emphasizes that the morally right action is whatever action leads to the maximum balance of good over evil. - What will be the effects of each course of action? - Will they be positive or negative? - Who will benefit? - What will do the least harm? 
Utilitarian Ethics The conce...
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Louisiana Claims Adjuster Exam Questions & Answers 100% Correct
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The coverage territory of the Business Auto form provides for "worldwide liability coverage" for private passenger autos that the insured: 
 
a) Hires, leases, rents or borrows without a driver while outside the United States, its territories and possessions. 
 
b) Purchases while outside the United States, its territories and possessions. 
 
c) Sells while outside the United States, its territories and possessions. 
 
d) Occupies while outside the United States, its territories and possession...
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BA 3301 EXAM 2 || Already Graded A+.
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Question 1 
Office manager fired the office receptionist. Manager asked nicely for the set of office keys in the receptionist's hand. Receptionist said no. Smiling politely, the manager grabbed the keys from the fired employee. If employee sues the manager, what is the most likely cause of action? 
 
a. Intentional tort of trespass to person 
b. Intentional tort of defamation 
c. Intentional tort of battery 
d. Intentional tort of assault correct answers c. Intentional tort of battery 
 
Ques...
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