4 Written questions
3 Multiple choice questions
- The binding force in any contact that gives it legal status; the object of value that each party gives to the other.
- An individual who is covered by an insurer.
- A legal document that requires an individual to appear in court with a piece of evidence that can be used or inspected by the court.
3 True/False questions
Deductible → Failure to exercise a reasonable degree of care.
Premium → A specific sum of money paid by the insured to the insurance company in exchange for financial protection against loss.
Respondeat superior → A key principle in business law, which says that employer is responsible for the actions of his or her employees in the course of employment.