Compensatory damages Study guides, Class notes & Summaries

T/F You may be charged with a crime simply for serving a guest who appears to be intoxicated. - correct answer True T/F It is illegal to serve alcohol to a pregnant woman. - correct answer False T/F Dram shop laws protect the server from being sued in the event that an intoxicated guest injures another individual. - correct answer False T/F The state liquor authority can suspend an establishment's liquor license for allowing a minor to enter the establishment with a fake ID. - c...

CAIB 3 Practice Exam Questions With Verified & Correct Answers 2024|2025 What is the name given to the collection of written decisions? Correct Answer: Case Law Explain the concept of the Rule of Precedent. Correct Answer: Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". Correct Answer: Compens...

Inception/Expiration Date - ANSWER an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. Occurrence Date - ANSWER Date of which the loss occurred Identification of parties involved - 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 and addresses of any witness(s). Policy Form/...

CAIB 3 Chapter 1 Questions with Verified Solutions Identify the two divisions in the Canadian Legal System Criminal Law Civil Law Should brokers always recommend clients questions concerning maters of law to a qualified legal practitioner? Yes Identify eight examples of criminal wrongs Certain uses of an automobile Possession and trafficking of drugs Murder Voluntary manslaughter Burglary, robbery and theft Price fixing Pollution of the air and water False advertising I...

Susie set fire to her house to collect the insurance. This is an example of a(n) MORAL HAZARDS Henry's tires on his SUV are so worn that the steel belt is showing through the tread. The condition of the tires is known as PHYSICAL HAZARDS When a driver of an auto breaks the posted speed limit, the driver's liability imposed by the law is known as ABOSLUTE LIABILITY Under compensatory damages, medical expenses are an example of SPECIAL damages. Josh attends a hockey game. While at the gam...

Can a patient successfully sue a doctor if there is no physician-patient relationship? - correct answer No If there is no prior physician-patient relationship, are you legally obliged to respond to a call from a patient for treatment? - correct answer No Does being on call give rise to a physician-patient relationship? - correct answer No How can one terminate a physician-patient relationship, without abandonment if there is ongoing treatment? - correct answer 30 days written no...

BUL 3310 Exam 2 FSU Bailey - Questions and Answers (Complete Solutions) Which of the following describes the duty of a landowner to a trespasser under the common law? The duty to warn of obvious dangers The duty to warn of hidden dangers The duty not to entrap the trespasser on the premises The duty to make certain that the premises are absolutely safe The doctrine that creates a rebuttable presumption that a defendant was negligent based on the nature and circumstances of the injury is Res ip...

What is the name given to the collection of written decisions? - correct answer Case Law Explain the concept of the Rule of Precedent. - correct answer Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". - correct answer Compensation in money for the loss or damage suffered. Compensatory damages f...

Procurement Method Determination correct answer: Step 2 of identifying the appropriate procurement method and if applicable issue a solicitation. Procurement Planning correct answer: Step 1 of defining the business need and establish the procurement objectives. Contract Management correct answer: 5th step of administer and enforce the terms of the contract. Contract formation and award correct answer: 4th step ensure that the awarded contract complies with applicable procurement law...

The process where by a mutul insurer becomes a stock company is called - ANSWER Demutalization The process whereby a stock company a mutal insurer is called - ANSWER Mutalization The provision in a property policy which states that the insured has been paid up to their insurable interest is - ANSWER Valuation clause The part of the policy that states the amout of coverage the insured property policy period is - ANSWER Declaration Part of the policy that establishes limits upon the in...