1. A parent being held responsible for damaged caused by their child is called
A is a wrong against an individual other than criminal or breach of contract.
The party claiming injury or harm in a liability situation is referred to as the .
1. is physical injury or death to another person.
2. is a form of written defamation.
3. A in an insurance policy that explains the insured's obligation related to reporting claims.
4. to do what is reasonable and prudent is called .
5. An award of damages designed specifically to pay for injury or property damage is called .
6. A defense against negligence that asserts something of events leading from the of duty to the injury is termed an .
Which of the following are examples of liability losses? [Choose all that apply to the definition of a liability loss]
A. A truck hits a school bus, seriously injuring 15 children. The truck driver caused the accident.
B. A very expensive home is damaged in a tornado.
C. A toy with steel-tipped arrows causes three children to lose their eyesight. The toy manufacturer was found to be at fault for producing the game.
D. An automobile catches on fire when the car's owner drops a cigarette on the seat.
Unlike the commission of a crime, a Tort is a part of civil law and concerned with the private relationships between people.
_________________________________________ is the lack of reasonable care required to protect others from the unreasonable chance of harm.
Unintentional liable cause
Which of the following are examples of liability losses?
A. Ronald allows his large dog to run loose. One day the dog bites a child while the chils playing in her own yard.
B. During a severe storm, a limb from a well-intended tree in Sandra's yard breaks and falls into Shirley['s yard, damaging a swing set.
C. Thomas's son leaves a toy truck on the front walk. The mail carrier trips over it and breaks her leg.
A and B
Failure to use the care that is required to protect others from the unreasonable chance of harm is:
an intervening cause
All of the following must be present to establish negligence EXCEPT:
legal duty owed and breach of duty
Types of Liability: Sometimes a person or organization may be held liable for injuring someone and the action may neither have been intentional or negligent. All of the following are forms of liability EXCEPT:
Your secretary develops carpal tunnel syndrome (Workers' Compensation)
2nd Degree Manslaughter
Auto Accident caused by brake failure. 3rd party suffers a broken leg and damage to their motorcycle.
An action that, in a natural and continuous sequence (unbroken chain of events), produces a loss is the:
Liability that is imposed as a matter of law without regard to negligence is
Liability losses are known as
Liability policies usually pay damages for the insured's liability for (choose all that apply.
Supplementary Payments are
paid in addition to the policy's liability limit
deducted from the policy's liability limit