Property damage

Next, I will analyze the property insurance plan and the liability risks. The Smith’s 3 bedroom, 2 baths, house has 1,600 square feet of living space with an attached garage. The house in west Edmond was newly built when they bought it 6 years ago for $145,000. Alex said that the replacement cost of the home is $250,000. They have an unendorsed HO-3 policy with Coverage A limits of $120,000. The plan covers the home and the attached garage. Since the home is insured for $145,000, the other structures are covered for an additional $14,500. Based on the information given, I do not believe that Alex and Marty’s coverages are adequate. Covered losses to the dwelling and other structures are paid on the basis of replacement cost with no deduction for depreciation.…

Salesperson accepted a higher offer and sold the contracted property to another purchaser. This is in direct violation of Article 1 as interpreted by Standard of Practice 1-8: while acting as the agent for the purchaser, a realtor is obligated to submit offers and counter-offers until the acceptance of an offer (Realtor.com, 2015). Additionally, Mr. Salesperson verbally agreed, on two different…

it is no longer open to Callan to terminate his offer of employment to Esme. By hiring James in her stead, Callan is acting in breach of contract. He has thus exposed himself to an action for damages. Specific performance is not generally available in the context of contracts of service. While a contract may be created orally, or in writing or by performance, certain types of contract must be evidenced in writing in order to be enforceable before the courts. Callan may wish to argue that any…

in Loma Prieta and made its way to Oakland and around the bay area. This earthquake caused billions in damages with 3,800 people injured and left 62 people dead. My mother was living in Oakland at the time and remembers a lot when the earthquake hit. Although my parents were not together at the time of the earthquake my dad also experienced the shake all the way in Novato, California. The aftermath of the earthquake really caused many to refocus on how to rebuild better materials and structures…

Piser Undertakers Co., 34 Ill. App. 2d 145, 148, 180 N.E2d 705, 708 (App. Ct. 1962). A carefully run funeral home may be located on a property zoned for business at the edge of a residential neighborhood. Id. (A)The funeral home in this case is located in a predominantly rural area. It is outside the boundary lines of the Up and Coming Acres subdivision. (C ) It is a lawful business located on a parcel zoned for business. The funeral home is in a suitable…

chapter facility. 3. Chapter member immediately contacts the appropriate emergency service and a member of the Emergency Procedure Team. 4. Chapter President • Ensures appropriate emergency service has been notified. • Notifies team members and begins gathering facts. 5. Vice President-Standards • Utilizes the current Emergency Information Card to supply emergency personnel with any information necessary about the member(s) involved. • Emergency Information Cards need to be updated every…

Freeman Wachholder Mrs. Scarbrough/Mr. Hunter Social Studies/Language Arts 16 December 2016 The Chicago Flood of 1992 April thirteenth, 1992. Busy, just like any other day in the Loop. But a series of highly unlikely mishaps would cause billions in damage that day. The events can be traced all the way back to 1899, when the Illinois Telephone and Telegraph company had permission to build tunnels for cables from city hall, but instead built seven-foot-wide railroad tunnels. These tunnels were…

definite statement of their damages in response to a Pittston motion to require their complaint to more particularly state the damages suffered by each of the plaintiff’s (Stern 94). In response to this, they sent Pittston each person’s statement of how what they remebered from the accident. This was in an attempt to, “turn this more definite statement into a compelling story of mental and emotional suffering, to begin providing details of psychic impairment and survival syndrome,” (Stern 94).…

Green Bad Faith The first grounds that Green challenges the punitive damages award on is whether bad faith is an appropriate basis for punitive damages. Courts have generally held that punitive damages are not allowed in breach of contract cases. Courts, though, have allowed punitive damages if there are independent injuries involved based upon in an independent tort. This standard appears to be met in Aldridge’s case. Aldridge may not rely upon breach of duty to justify for punitive…

Statement of the Case The Superior Court erred in granting JNOV to Trimble because RDS presented evidence from which a jury could find that RDS sustained damage as a result of Trimble’s tortious conduct and breach of contract. The Superior Court erred in granting JNOV to Trimble because a reasonable jury could have found that Trimble was liable for Intentional or Negligent Misrepresentation, Breach of Contract, or Breach of Fiduciary Duty. The Superior Court erred in granting JNOV to Trimble…