Rmin quiz 5

which of the following natural disasters is NOT covered under a standard homeowners policy?

Floods

Which of the following is true about general damages?

They are part of compensatory damages, which are intended to restore the injured party to the position they were in prior to the injury

Which one is a policy designed to provide insurance coverage for renters?

HO4

Which of the following is covered under the “Other structure” definition in an HO3 POLICY?

Your tool shed that is 10 feet away

The major difference between the homeowners HO2 and HO3 policies?

Perils applying to the dwelling

Suppose you walked across the street when the red light was against you, and a speeding car going faster than the posted speed limit ran into you and broke your leg. You sue the driver for 100k and the jury decides that you were 25% responsible for this accident and the driver was 75% responsible. How much would you collect under the doctrine of comparative negligence?

75000 for comparative, 0 for contributory

Michelle had major abdominal surgery. Months after the surgery, she still did not feel well. when she was operated on again, the surgeon discovered two sponges that were not removed at the conclusion of the first operation. Michelle should be able to support her case by using which of the following doctrines that is often used in medical malpractice?

Res Ipsa loquitur

When multiple defendants contribute to the same injury or damage, a defendant who is only slightly liable may be required to pay the full amount of damages when other defendants are “judgement proof” this is an example of which of the following?

Joint and several liability

Which of the following is NOT an element of a negligent act?

The plaintiff must incur direct property loss

Louise was in a hurry. Rather than crossing the street at the corner, she tried to cross in the middle of a block. A motorist hit her as she tried to cross the street. Louise argued in court that even though she placed herself in a dangerous situation, she should still be able to collect for her injuries because the motorist who hit her had an opportunity to avoid hitting her but failed to do so. The argument Louise uses is called the:

last clear chance

Assume that your parents Han an HO3 policy. Which of the following persons is NOT considered an insured under your parents policy?

30 year old

Which of the following statements about the coverage for medical payments to others (coverage F) under a homeowners policy is true?

Medical payments are made regardless of whether the insured is legally liable

David has a standard HO3 policy that provides 280K of insurance on his dwelling and 140k on his personal properties. Assume the policy has an 80% co insurance req. and David has met the co insurance requirement. How much will David collect if his sofa with a replacement value of 3200 but an actual cash value of 2000 is destroyed by fire

2000

Jason recently was in a severe auto accident that incurred the following losses: Hospital bills for 200k, surgery bill for 100k, lost income for 90k, and emotional distress (considered pain and suffering) for 750k. Additionally, Jasons car was totaled, car value being 5k. Jasons lawyer also claimed that the defendant should be punished for his reckless driving by awarding an additional million dollars to Jason. Assuming that Jason is successful in suing the defendant, how much would the defendant need to pay Jason for special damages?

395K

Which of the following is true about punitive damages?

They are intended to punish the defendant for the actions that led to the injury.