The Principle of Indemnity Will Prevent

question 7

Multiple Choice

The principle of indemnity will prevent:

• A) the act of one person being assigned to another.
• B) an insured from collecting more than what he or she has lost.
• C) a negligent third party from being held liable for damages if the injured party is insured.
• D) a significant amount of loss control activity.
• E) an insurer from ever waiving its right to subrogation.

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Definitions:

Calculated Control

In database applications, a calculated control refers to a form or report object that displays a value resulting from a calculation involving one or more fields.

Query Design Grid

A tool within database software that helps users visually construct queries.

Report Design View

A feature in database applications that allows users to create and modify report layouts in a design interface.

Field List

A component or pane within database and spreadsheet software that displays all the fields available for a given table or query.