Generally in Business Liability Policies,if the Insured Is Liable on Respondeat

question 79

True/False

Generally in business liability policies,if the insured is liable on respondeat superior grounds,then he will be covered by the policy.

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Definitions:

Cognitive Dissonance

A psychological state in which an individual experiences discomfort due to holding conflicting cognitions, such as beliefs, attitudes, or values.

Validity Effect

The tendency of people to believe that a statement is true or valid simply because it has been repeated many times.

Fundamental Attribution Error

The tendency to overemphasize personality traits and underestimate situational factors when explaining other people's behavior.

Cognitive

Relating to mental activities involved in the acquisition, processing, storage, and retrieval of information.