Provide an explanation of Section II: Personal Liability Coverage
What will be an ideal response?
Answer: This part of a homeowner's insurance policy covers personal liability insurance to protect the insured and family members from the financial loss incurred if someone is injured on their property or as a result of their actions. It also covers medical expenses and liability suits.
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What is the difference between mitigating a risk and a contingency plan? Provide real life examples that illustrate the difference.
Fill in the blank(s) with the appropriate word(s).
Groups should discourage debate about work issues because this prevents cohesive decisions from being implemented on time
Indicate whether the statement is true or false
In highly structured interviews, the interviewer determines the course that the interview will follow as each question is asked.
Answer the following statement true (T) or false (F)
In Timpte Industries v. Gish, where Gish sued for design defect after he fell from the top rail of a trailer made by Timpte, the state supreme court held that:
a. Timpte was liable because it would have been reasonable for them to make the rail wider and thus safer to walk on b. Timpte was liable because their warning labels were insufficient c. Timpte was not liable because Gish worked for them d. Timpte was liable because the alleged design defects rendered the trailer unreasonably dangerous e. none of the other choices are correct