Bruce believes a local manufacturer is responsible for contaminating some land he owns. He filed suit against the company
Rather than have the case go to court, the manufacturing company's legal team suggested mediation or arbitration to settle the case. Methods that are employed to resolve legal disputes without litigation, such as mediation, are called
A) collateral source rules.
B) alternative dispute resolution techniques.
C) joint and several liability techniques.
D) comparative negligence rules.
Answer: B
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Darla purchased an unendorsed Homeowners 3 policy. While the policy was in force, a fire occurred that destroyed a living room set. The living room set cost $4,000 new, but was 25 percent depreciated when the loss occurred
Replacement furniture will cost $4,400. Assuming no deductible, how much will Darla receive from her insurer? A) $3,000 B) $3,300 C) $3,400 D) $4,400