Casualty Ins. Basics: Principles & Concepts

  1. ________ is the failure to use proper care necessary to protect others and their property from unreasonable change of harm.
    Negligence
  2. A person may be held responsible for the act of others who are in his/her control when those acts cause harm. This is the principle of:
    Vicarious liability
  3. Most policies in Louisiana EXCLUDE _______ damages.
    Punitive
  4. Which of the following is NOT a defense against negligence?
    Proximate cause
  5. A person may be held more accountable in terms of the degree of care taken to prevent harm to others and their property is known as:
    Absolute liability
  6. If, after signing a waiver stating the potential dangers of bungee-jumping, a party is injured, a defense against negligence would probably be:
    Assumption of Risk
Author
kelsealjohnson
ID
347172
Card Set
Casualty Ins. Basics: Principles & Concepts
Description
Casualty Ins. Basics: Principles & Concepts
Updated