Exam 23: Commercial Liability Insurance

Indhar is seriously injured by Monica's negligence when she crashes her car into his. Both have automobile liability policies in force. Under the tort liability system:

If a policy is written on a claims-made basis, the insurer is liable only if the:

Why are insurance pools used to insure nuclear energy liability, rather than private insurance mechanisms?

One of the suggested solutions for the product liability problem is a statute of limitations to bar defendants from having any allowed defense after seven years.

Which of the following is not a possible solution for alleviating the medical liability problem?

Plumbers who serve as subcontractors are often held liable for:

Libel committed by a business can result in a lawsuit that asks the business to pay:

Professional liability insurance policies usually:

When a governmental body creates legal rights for a particular group of people, employers may find that they have new exposures to employment practices liability.

No-fault insurance assumes that the defendant is always at fault, and is thus a form of strict liability insurance.

Legal rules dictate how an employer must act from the time a job position is created until the time that position is eliminated.

From the plaintiff's standpoint, a successful products liability suit can arise from all of the following except:

The ADA holds a business responsible for providing:

Which of the following is false concerning Environmental Impairment Liability (EIL) coverage?

Vicarious liability will be covered under a:

Which of the following theories provides that the "injury" occurs when the disease is first diagnosed?

Indhar suffers minor injuries when Monica negligently crashes her car into his. Monica is also slightly injured in the accident. Both of them have automobile liability policies in force. Under the no-fault liability system:

All the following are true of business liability umbrella policies except:

No-fault auto insurance is designed to cover only those accidents for which no driver is clearly at fault.

Which of the following occupations would generally not need professional liability insurance for damage done at work?