This topic contains a solution. Click here to go to the answer

Author Question: To have its schools valued for insurance purposes, a school district hired a firm of surveyors to ... (Read 121 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
To have its schools valued for insurance purposes, a school district hired a firm of surveyors to give it a statement of value. To prepare the report, the surveyors took the relevant measurements, which were then given to a statistical tabulating company that does calculations based on the measurements. Surveyors always use the services of such tabulating companies. An error was made in the calculations, so the surveyors' report was wrong. Therefore, the buildings were underinsured. When one of the school buildings was destroyed by fire, the school district did not get sufficient funds from the insurance company to rebuild it. On these facts, which of the following is true? (Assume that the school district has the ability to sue and be sued in court.)
◦ The statistical tabulating company cannot be sued by the school district.
◦ The school district can successfully sue the statistical tabulating company for negligent misstatement, causing economic loss.
◦ The insurance company can successfully sue the statistical tabulating company for nuisance.
◦ This action would most likely be commenced in Small Claims Court.
◦ The school district could successfully sue the surveyors for nuisance, for subcontracting the calculations.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Chelseaamend on Aug 7, 2021

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review


ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library