AINS 102 EXAM QUESTIONS AND
THEIR 100% CORRECT ANSWERS
Which one of the following is a form of compensatory
damages?
Special damages
Paul was charged with assault and battery after he
punched and injured his neighbor Tom, who
repeatedly walked his dog on Paul's property. Which
one of the following types of tort does this represent?
Intentional torts are deliberate acts that cause harm to
another person. Assault and battery are examples of
intentional tort.
States A, B, C, and D have addressed the problem of
compensating auto accident victims differently. Which
one of the following most accurately describes the
way that states are handling this issu
State D, a no-fault state, has enacted auto insurance
covering accident victims on a first-party basis, usually
applying to bodily injury and not to property damage.
SF Poultry learned that a number of individuals had
become ill and hospitalized after eating chicken from
one of its processing plants. The company did not
advise the public or its distributors of the problem,
and made no effort to recall the spoiled product. Over
50 individuals ended-up becoming ill from the spoiled
chicken. SF Poultry was found liable in court. In
addition to having to pay the medical and hospital
bills for the injured individuals, damages were levied
, against SF Poultry to punish the company for its
reckless and deceitful actions. These damages that
were levied against SF Poultry are known as
Punitive Damages. The damages that were levied against
SF Poultry are known as punitive damages. Punitive
damages are meant to punish a defendant for reckless,
malicious, or deceitful acts and need not bear any relation
to the party's actual damages.
Coverage that pays benefits, regardless of fault, for
medical expense, income loss, and other benefits,
resulting from bodily injury to occupants of a covered
auto is
Personal injury protection coverage
Leslie is insured with a personal auto policy (PIP) with
Baines Insurance. She lives in a state that has a type
of no-fault plan in which she, if injured by an auto
accident that was the fault of another person, would
be compensated with no-fault benefits but she would
not be restricted in her right to sue that negligent
person for damages. This type of no-fault plan is most
specifically a(n)
Add-on plan
Which one of the following is true regarding the use of
technology in home risk management?
Data gathered from sensors is used by insurers for
personalized pricing and claims handling.
Heather and Jeff had the roof blown off their home
during a recent storm. Which one of the following best
expresses the financial outcome they are currently
experiencing?
Reduction in property value
THEIR 100% CORRECT ANSWERS
Which one of the following is a form of compensatory
damages?
Special damages
Paul was charged with assault and battery after he
punched and injured his neighbor Tom, who
repeatedly walked his dog on Paul's property. Which
one of the following types of tort does this represent?
Intentional torts are deliberate acts that cause harm to
another person. Assault and battery are examples of
intentional tort.
States A, B, C, and D have addressed the problem of
compensating auto accident victims differently. Which
one of the following most accurately describes the
way that states are handling this issu
State D, a no-fault state, has enacted auto insurance
covering accident victims on a first-party basis, usually
applying to bodily injury and not to property damage.
SF Poultry learned that a number of individuals had
become ill and hospitalized after eating chicken from
one of its processing plants. The company did not
advise the public or its distributors of the problem,
and made no effort to recall the spoiled product. Over
50 individuals ended-up becoming ill from the spoiled
chicken. SF Poultry was found liable in court. In
addition to having to pay the medical and hospital
bills for the injured individuals, damages were levied
, against SF Poultry to punish the company for its
reckless and deceitful actions. These damages that
were levied against SF Poultry are known as
Punitive Damages. The damages that were levied against
SF Poultry are known as punitive damages. Punitive
damages are meant to punish a defendant for reckless,
malicious, or deceitful acts and need not bear any relation
to the party's actual damages.
Coverage that pays benefits, regardless of fault, for
medical expense, income loss, and other benefits,
resulting from bodily injury to occupants of a covered
auto is
Personal injury protection coverage
Leslie is insured with a personal auto policy (PIP) with
Baines Insurance. She lives in a state that has a type
of no-fault plan in which she, if injured by an auto
accident that was the fault of another person, would
be compensated with no-fault benefits but she would
not be restricted in her right to sue that negligent
person for damages. This type of no-fault plan is most
specifically a(n)
Add-on plan
Which one of the following is true regarding the use of
technology in home risk management?
Data gathered from sensors is used by insurers for
personalized pricing and claims handling.
Heather and Jeff had the roof blown off their home
during a recent storm. Which one of the following best
expresses the financial outcome they are currently
experiencing?
Reduction in property value
