Author Question: After the plaintiff has presented her case, the defendant may be granted a A)directed verdict. ... (Read 77 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
After the plaintiff has presented her case, the defendant may be granted a
 A)directed verdict.
 B)summary judgment.
 C)judgment NOV
 D)judgment on the pleadings.

Question 2

Insurance policies often contain a covenant of good faith and fair dealing. Even if the clause is not in the policy, often courts will imply it. Explain the covenant of good faith and fair dealing and provide an example illustrating when an insurance company might breach this covenant.



krakiolit

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

A

Answer to Question 2

This covenant requires the insurance company to act in good faith in investigating, representing, and paying legitimate claims on behalf of its client, the insured. If a court determines that the covenant is intentionally breached, the court may order punitive damages in addition to compensatory damages. Examples include refusing to pay a valid claim or low balling with an unreasonably low offer to settle. An insurer might also breach this covenant by wrongfully refusing to settle a claim of a third party. If the rejection of a reasonable offer to settle means that the insured ends up paying much more than the limits of the policy, the insurer may have some liability for a breach of good faith and fair dealing. Fraudulently inducing someone to buy a policy is another example of breach of the covenant of good faith and fair dealing.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

krakiolit

  • Sr. Member
  • ****
  • Posts: 318

 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

For a complete list of videos, visit our video library