Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

cpcu 530 simulated exam

Rating
-
Sold
-
Pages
10
Grade
A+
Uploaded on
25-05-2025
Written in
2024/2025

Exam of 10 pages for the course cpcu 530 at cpcu 530 (cpcu 530)

Institution
Course

Content preview

Which one of the following elements must exist in order to prove fraud?

 A representation, whether true or untrue, that was made maliciously.
 A representation that was related to a past, existing, or future fact.
 The plaintiff may or may not have acted anyway, but the representation influenced the
decision.
 The intent of the representation was to influence or deceive.

Sara is an attorney who is preparing for trial. So far in the case she has prepared pleadings and a
motion. Which one of the following of Sara's documents is a formal written statement of the facts and
claims of each party to the lawsuit?

 Complaint
 Allegation
 Motion
 Pleading

Which one of the following is an action or event causing harm that would most likely result in the
application of the res ipsa loquitur doctrine?

 A tornado destroys a barn.
 A drunk driver runs his car into a pedestrian.
 A roll of tar paper falls off a building at night and hits someone.
 An arson fire burns a warehouse to the ground.

James wants to pursue a legal claim against his neighbour, but he does not know what kind of dispute
resolution procedure is the best choice for his situation. The dispute is over a relatively small amount
of money, so James does not want to spend a lot in pursuit of his claim. James wants to be able to
present his side of the story and his witnesses before a neutral third party. James would be pleased if
he and his neighbour could reach a compromise, but, ideally, James wants to be able to walk away
with a binding decision. Assuming that James' neighbour will agree to participate in whatever
procedure James suggests, which one of the following dispute resolution procedures is the best choice
for James?

 Mediation
 Arbitration
 Litigation
 Negotiation

In determining whether a legal duty of care is owed by a defendant to a plaintiff, courts seek guidance
by looking to statutes, contracts and common law (case law).

Fatima owns a cafe that is open to the public. Kaito enters the cafe and orders a coffee. Kaito is a(n)

 Business invitee.
 Public invitee.
 Express licensee.
 Trespasser.

, The act of leaving a dangerous article such as a gun or car with a person who the lender knows, or
should know, is likely to use it in an unreasonably risky manner is known as

 Negligent supervision.
 Contributory negligence.
 The dangerous instrumentality doctrine.
 Negligent entrustment.

Contracts for the sale of goods can contain warranties. The two principal types of warranties that can
be created are express warranties and implied warranties.

Julian was driving his car along a mountain road with his friend Georgia in the passenger seat. Julian's
car crashed into a car driven by Magnus. Julian, Georgia, and Magnus were injured. In the subsequent
lawsuit brought by Georgia against Julian and Magnus, the court found that Magnus was 100 percent
liable for the accident. Next, Magnus sued Julian and pled that Julian was negligently responsible for
his injuries. Which one of the following doctrines bars Magnus' claims against Julian?

 Collateral estoppel
 Competence rule
 Res judicata
 Special verdict

Which one of the following statements concerns a contract binding a principal to a third party?

 It is a material fact that the third party knew nothing of the principal’s existence.
 The contract also binds the third party to the principal.
 It makes a difference if the third party thought the contract was made with the agent alone.
 The principals have no rights against third parties.

In a strict liability case against toothpaste manufacturer Company P, plaintiff Carla claimed that the
toothpaste caused enamel erosion which required her to have extensive dental procedures to fix her
teeth. In a products liability case based on strict liability, Carla must prove that Company P

 Made toothpaste that was dangerously defective when it left the manufacturer.
 Misrepresented the qualities of the toothpaste.
 Was aware of the potential for enamel erosion and intended the harm.
 Did not use the utmost care in making the toothpaste

Sarah and Eva married each other and bought a home that they own as tenants by the entirety. Which
of the following attributes apply to their tenancy? Choose all that apply.

 The tenancy involves no survivorship rights.
 If Sarah dies, ownership of the home lodges entirely with Eva.
 Eva cannot sell her rights in the estate to sever the tenancy.
 Eva can mortgage her portion of the estate separately from Sarah's.
 Sarah can own 3/4 of the estate while Eva owns 1/4.

Written for

Course

Document information

Uploaded on
May 25, 2025
Number of pages
10
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$15.99
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller
Seller avatar
pramirpattanaik

Get to know the seller

Seller avatar
pramirpattanaik The Institutes
Follow You need to be logged in order to follow users or courses
Sold
1
Member since
1 year
Number of followers
0
Documents
5
Last sold
11 months ago

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions