III IC-74 Practice Questions - III IC-74 Liability Insurance Exam

Under the law of torts, which of the following best defines 'negligence' in the context of liability insurance?

The breach of a legal duty to take care, resulting in damage to the claimant The intentional causing of harm to another person's property The failure to fulfill contractual obligations within a specified time The strict liability imposed on ultra-hazardous activities without proof of fault

Correct Answer:

The breach of a legal duty to take care, resulting in damage to the claimant

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