Examlex

Solved

Brett Johnson Owns a Home in Yukon, Oklahoma

question 42

Multiple Choice

Brett Johnson owns a home in Yukon, Oklahoma. A babysitter he hires breaks her leg when she trips over the dog. What part of his homeowner's insurance would cover this loss?


Definitions:

Duty

A moral or legal obligation to perform or refrain from performing a certain action.

Novation

The act of replacing an old obligation with a new one, substituting a new party into an existing agreement or completely replacing the original contract.

Accord And Satisfaction

A legal contract wherein parties agree to settle a dispute by accepting terms that differ from the original obligation.

Novation

The act of replacing an existing obligation with a new one, thereby extinguishing the original obligation.

Related Questions