FINA 307
Exam 3 Ch 19,20,21,22,23,24(pgs 556-560)
Name___________________________________
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
1) Which of the following statements about torts is (are) true?
I. The person who is injured or harmed by a tort is called a plaintiff or claimant.
II. The punishment for committing a tort is damages in the form of money.
1)
A) I only B) II only C) both I and II D) neither I nor II
2) All of the following are examples of intentional torts EXCEPT 2)
A) assault. B) negligence. C) trespass. D) slander.
3) The doctrine of respondeat superior applies to a(n) 3)
A) pet owner's liability for the pet.
B) employer's liability for a negligent employee.
C) manufacturer's liability for a faulty product.
D) parent's liability for a negligent child.
4) Which of the following statements is (are) true regarding renters insurance?
I. Renters insurance is needed if you rent a house, but is not needed if you rent an apartment.
II. The ISO renter's policy provides "all-risks" coverage on the insured's personal property.
4)
A) I only B) II only C) both I and II D) neither I nor II
5) Louise was in a hurry and tried to cross the street in the middle of the block rather than at a street corner. A car struck her. Even though Louise placed herself in danger, she may still be able to collect for her injuries if the driver had an opportunity to avoid hitting her but failed to do so. This rule is called the
5)
A) last clear chance rule. B) collateral sources rule.
C) joint and several liability rule. D) alternative dispute resolution rule.
6) All of the following are covered under the dwelling coverage (Coverage A) of the Homeowners 3 policy EXCEPT
6)
A) any structure attached to the dwelling.
B) materials and supplies intended for construction of a detached garage.
C) the land on which the insured dwelling is located.
D) materials and supplies intended for alteration or repair
Name___________________________________
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
1) Which of the following statements about torts is (are) true?
I. The person who is injured or harmed by a tort is called a plaintiff or claimant.
II. The punishment for committing a tort is damages in the form of money.
1)
A) I only B) II only C) both I and II D) neither I nor II
2) All of the following are examples of intentional torts EXCEPT 2)
A) assault. B) negligence. C) trespass. D) slander.
3) The doctrine of respondeat superior applies to a(n) 3)
A) pet owner's liability for the pet.
B) employer's liability for a negligent employee.
C) manufacturer's liability for a faulty product.
D) parent's liability for a negligent child.
4) Which of the following statements is (are) true regarding renters insurance?
I. Renters insurance is needed if you rent a house, but is not needed if you rent an apartment.
II. The ISO renter's policy provides "all-risks" coverage on the insured's personal property.
4)
A) I only B) II only C) both I and II D) neither I nor II
5) Louise was in a hurry and tried to cross the street in the middle of the block rather than at a street corner. A car struck her. Even though Louise placed herself in danger, she may still be able to collect for her injuries if the driver had an opportunity to avoid hitting her but failed to do so. This rule is called the
5)
A) last clear chance rule. B) collateral sources rule.
C) joint and several liability rule. D) alternative dispute resolution rule.
6) All of the following are covered under the dwelling coverage (Coverage A) of the Homeowners 3 policy EXCEPT
6)
A) any structure attached to the dwelling.
B) materials and supplies intended for construction of a detached garage.
C) the land on which the insured dwelling is located.
D) materials and supplies intended for alteration or repair