All of the Following Are Considered to Be Uninsured Vehicles

question 35

Multiple Choice

All of the following are considered to be uninsured vehicles for purposes of the uninsured motorists coverage of the PAP EXCEPT

• A)a vehicle owned by an individual who is insured,but for less than the amount required by the state's financial responsibility law.
• B)a hit-and-run vehicle,the ownership of which cannot be determined.
• C)a vehicle owned by an individual who purchased just enough liability insurance to satisfy the state's financial responsibility law.
• D)a vehicle insured by a company which becomes insolvent before a claim can be paid.

Grasp the basic principles of the trait approach to personality.

Acknowledge the importance of individual differences in personality research and measurement.

Recognize how personality research can be improved to better predict behavior.

Realize the impact of situational factors on behavior and their measurement in personality research.

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Definitions:

Corporation By Estoppel

Corporation by estoppel is a legal doctrine preventing someone from denying a business's corporate status when they have treated it as a corporation in previous transactions.

Novation

In a contract, the substitution of a third party for one of the original parties. The duties remain the same under the contract, but one original party is discharged and the third party takes that original party’s place.

Implied Corporate Powers

Powers not explicitly stated in a corporation's charter or bylaws but are necessary to conduct the day-to-day operations.

Role Clarity

The extent to which an employee understands their job responsibilities, duties, and expectations.