Chat with us, powered by LiveChat FIN3330 40077 Risk Management & Insurance SEC 01 Spring 2018 CPS [BOS-1-TR] FIN3330.40077.201834 | Writedemy

FIN3330 40077 Risk Management & Insurance SEC 01 Spring 2018 CPS [BOS-1-TR] FIN3330.40077.201834

FIN3330 40077 Risk Management & Insurance SEC 01 Spring 2018 CPS [BOS-1-TR] FIN3330.40077.201834

Question 1 

  1. If Paul is found in the      unfortunate circumstance where he is deemed to be liable legally despite      the fact that fault or negligence are not capable of being proved, this      would be an example of:

 

1.

general damages.

 

2.

comparative   negligence.

 

3.

an intentional tort.

 

4.

strict liability.

2.00000 points

Question 2 

  1. As a result of an auto accident,      Janet, a resident of Minnesota, commenced a lawsuit against William for      injuries she suffered. The court found that Janet was 40 percent at fault      in the accident and William was 60 percent at fault in the accident. The      common law doctrine of contributory negligence indicates that Janet should      receive:

 

1.

40% of her actual   damages

 

2.

nothing.

 

3.

60% of her actual   damages.

 

4.

100% of her actual   damages.

2.00000 points

Question 3 

  1. After graduating from college, if      you were acting in a position as a risk manager, which of the following      items would be helpful to you in your effort to identify pure loss      exposures?

 

1.

commodity prices

 

2.

physical   inspections

 

3.

currency exchange   rates

 

4.

interest rate   movements

2.00000 points

Question 4 

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