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 140 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
Excellent


tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

For a complete list of videos, visit our video library