CPL FINAL EXAM NEWEST 2025 ACTUAL EXAM

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CP&L FINAL EXAM NEWEST 2025 ACTUAL EXAM

COMPLETE 200 QUESTIONS AND CORRECT

DETAILED ANSWERS (VERIFIED ANSWERS)

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When considering risk control measures to protect against loss exposure, legal duties imposed on organizations are continuously changing, and they are an important factor that risk management professionals need to consider. Which laws develop out of court decisions in particular cases that establish precedent for future cases, helping determine legal duties?

• Tort Law
• Statutory Law
• Common Law
• Plaintiff Liability Law
• Tenent Law - ANSWER-Correct Answer
• Common Law
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Which of the following is the distinguishing element of workers compensation and employers liability compared to commercial general liability?

• Injured person involved (employee)
• Statutory Workers Compensation
• No-fault coverage
• Premise liability
• A, B, and C - ANSWER-E

The phrase "Commerical General Liability" is used to refer to the legal liability of a business arising from. What does commercial general liability insurance cover?

• slips and falls on the premises
• completed operations

C.Personal and advertising injury

• Damage to premises rented to you

E. All of them - ANSWER-Correct Answer: E.

In 2002, Philip Morris, the number one cigarette producer at the time, was sued by Betty Bullock, a woman who claimed that her lung cancer was the result of smoking cigarettes. Furthermore, she argued that her tobacco addiction was caused by Philip 2 / 4

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Morris's failure to warn her of the risks of smoking. The company was ordered to pay punitive damages of $28 billion, $750,000 in economic damages, and $100,000 for pain and suffering. How much of this award would Philip Morris's insurer pay?(for the purpose of this problem, assume the limit for Part A of Philip Morris's CGL policy is $30 billion)

A. $28,000,850,000

• $30 billion

C. $850,000

D. $28,000,750,000

• The insurance company will only cover the defense costs in

this case because Philip Morris was found to be negligent. - ANSWER-The answer for this question is C. $850,000.

• An insurer has the right and duty to defend the insured against

any suit that seeks damages for bodily injury or property damage to which the insurance applies II. Coverage A applies to occurrences that take place in the coverage territory including the United States, Puerto Rico, Mexico, and Canada.III. Damages for pain and suffering are considered part of bodily injury. 3 / 4

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IV. Employees are insured for bodily injury to a co-employee while in the course of his or her employment.

• Only Statement IV
• Only Statement II
• statements II and IV
• All of the statements are true. - ANSWER-The correct answer

is C

• A underaged UGA student goes downtown with his parents

and is drinking a couple of shots. He asks for another shot from the server. The server, knowing that his parents might leave a good tip, decides to serve the student one more shot. As the family gives the server a tip and drags their child outside, they are picked up by a completely sober Uber driver, who then gets into a car accident downtown injuring another driver.

• An old grandpa named Billy Joe is trying to relive his "glory

days" on Homecoming Weekend and decides to go downtown on Friday before the game the next day. He meets up with his Pi Kappa Alpha brothers for their 50th reunion and is noticeably intoxicated. Trying to show his fraternity brothers that he is still the champion, he asks the bartender for one more margarita. He chugs the margarita down, and his fraternity brothers carry him on his shoulders outside to his car that is parked. As he - ANSWER-B is the correct answer because Billy Joe is

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