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MAP QUESTIONS
Instructions: Choose the letter on the accompanying map of the eastern United States that correctly identifies each of the following:
Ohio Canal
Negligence
The failure to exercise the standard of care that a reasonably prudent person would have exercised in a similar situation, resulting in harm or damage.
Salvage
The right of the insurer to the property where the insured is compensated for the loss.
Indemnity
The concept that distinguishes a contract of insurance from a wager.
Utmost Good Faith
A principle of insurance contracts that requires all parties to act honestly and not mislead or withhold critical information from one another.
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