Kieran Owns a Factory That Burns Down Because Jefferson Is

question 49

Multiple Choice

Kieran owns a factory that burns down because Jefferson is negligent.Kieran is fully insured and is limited to indemnification.Which of the following is true?

• A)Kieran can sue Jefferson for negligence.
• B)Kieran is not covered because his factory burned down because of a negligent act.
• C)Jefferson will not be liable to anyone because the insurance company covers the loss.
• D)The insurance company may bring an action against Jefferson.
• E)Kieran may be subject to a co-insurance clause.

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Definitions:

Self-Regulation

The ability to manage one's emotions, thoughts, and behaviors in different situations, often leading to goal achievement and adaptation to social norms.

Manufacturing Firms

Companies that produce goods on a large scale using machinery, often involving the transformation of raw materials into finished products.

Strike

A work stoppage caused by the mass refusal of employees to work, usually in a bid to gain improved wages or working conditions.

Communications Technology

The array of tools and platforms used for the exchange or transmission of information, including traditional media, digital platforms, and telecommunication systems.