Liability coverage - ANSWER-Third-party coverage. Third-party is person who suffers damages.
Torts - ANSWER-Civil wrongs that violates the rights of
... [Show More] other person, claimants or plaintiff Seeks monetary damages.
Breach of contract - ANSWER-Legal Wrong against another person. Remedy in the form of specific performance of contract.
Negligence - ANSWER-The failure to exercise reasonable care to protect others from an unreasonable chance of harm.
Negligence - ANSWER-The failure to exercise reasonable care to protect others from an unreasonable chance of harm.
Proof of negligence - ANSWER-Legal duty owed, the golden rule. Breach of legal duty. Proximate cause. Damages.
Proof of negligence - ANSWER-Legal duty owed, the golden rule. Breach of legal duty. Proximate cause. Damages.
Breach of duty - ANSWER-Warn people of hidden dangers. Express or implied he hidden dangers. Trespasser Slight care to take special care
Proximate cause - ANSWER-An uninterrupted chain of events from the occurrence to the resulting damage.
Contributory negligence - ANSWER-A common-law defense. The person contributes to his own damages
Contributory negligence - ANSWER-A common-law defense. The person contributes to his own damages
Contributory negligence - ANSWER-A common-law defense. The person contributes to his own damages
Comparative negligence - ANSWER-Percentage of each parties negligence in the damage to the injured person.
Comparative negligence - ANSWER-Percentage of each parties negligence in the damage to the injured person.
Assumption of risk - ANSWER-Deliberately shows a certain course of action. New a dangerous situation existed.
Intervening cause - ANSWER-Statutory defense states a certain period of time legal action may not be valid
Vicarious liability - ANSWER-Imputed from one person to a Nother. Parent and child.
Absolute Liability - ANSWER-Is fixed by law. Hazardous activities strict liability product liability defect exist to hold the manufacturer liable
Liability covers - ANSWER-Up to limit for damages provides defense at Insurers Expense. The claim may be false or fraudulent.
Breach of contract - ANSWER-Legal action seeking remedy for performance of contract
Crimes - ANSWER-Wrongs against society. Fine imprisonment even death.
Breach of contract - ANSWER-Remedy In the form of a specific performance of the contract
Liability coverages - ANSWER-Generally concerned only with on intentional torts
Proof of negligence - ANSWER-Legal duty owed. Breach of legal duty. Proximate cause. Damages.
Legal duty owed - ANSWER-The golden rule. Prudent person rule. Reasonable person rule.
Breach of legal duty - ANSWER-Standard of care relationship between the parties. Not making aware of hidden dangers.
Proximate cause - ANSWER-And uninterrupted chain of events from the occurence to the resulting damage.
Damages - ANSWER-Third party may seek damages for bodily injury. Property damage. Personal injury.
Contributory negligence - ANSWER-Common-law defense injured person contribute by their own actions
Comparative negligence - ANSWER-Statutory defense. Actions of injured party to those of the defendant. Percentage of negligence
Assumption of risk - ANSWER-Chose a certain course of action deliberately , knowing a danger
Intervening cause - ANSWER-Common-law defense states that a new chain of events was set in motion.
Statute of limitations - ANSWER-Certin period Of time legal action may not be valid
Vicarious liability - ANSWER-Imputed from one person chewing on there. Child to parent.
Absolute liability - ANSWER-Fixed by law. Hazardous activities. Strict liability product liability manufacturer liable.
Liability insurance agreement - ANSWER-Company pays mimicked for damages will provide defense. Even if false.
Supplementary payments - ANSWER-Defense costs expenses bail bonds cost text against prejudgment interest postjudgment interest
Types of damage - ANSWER-Compensatory. Special economic general non-economic punitive exemplary damages
Liability policy Limits - ANSWER-Split limits. Single limit. Her occurrence. Per person. Aggregate limit.
Split limits - ANSWER-Separate coverage limits for BI& P D.
Single limit - ANSWER-Only one claim settled first Claim to coverage limit
per occurrence - ANSWER-Limits apply separately to each Occurrence.
Per person - ANSWER-One person in an accident.
Aggregate limit - ANSWER-Maximum paid for one policy year
Liability conditions - ANSWER-Cancellation. Nonrenewable. Misrepresentation or concealment or fraud. Assignment. Legal action against us. Subrogation.
Duties in event of loss - ANSWER-Provide all pertinent information. Promptly.
Other insurance - ANSWER-Condition specifies how losses will be handled if another policy is involved. Payment may be pro rata. [Show Less]