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Question
Malone purchased a painting by Van Gogh and took out a $1 million insurance policy on it. He later sold the painting but continued to make payments on the policy. When the painting was destroyed by vandals, Malone tried to collect $1 million from the insurance company. Evaluate the situation.
Answer
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Related questions
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An international contract between two merchants is the subject of a dispute between the two companies, Universal Exports and Global Industries. The Universal offer specifies delivery by January 15 while the Global acceptance specifies delivery by July 15. Discuss how the CISG will resolve this dispute.
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A United Nations agency has requested an advisory opinion from the International Court of Justice concerning the applicability of the Geneva Conventions to a rebellion within an African nation. No party to the actual conflict has made a request to the United Nations or the International Court of Justice. Discuss the right of the International Court of Justice to issue the advisory opinion.
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When a contract subject to CISG exceeds $500 it:
A. is enforceable without the need to be written.
B. must be written to be enforceable.
C. must be written and reviewed by attorneys for both sides.
D. must be written if the value of the contract exceeds ten percent of the net worth of a party.
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The International Criminal Court:
A. uses the prisons of member nations.
B. has jurisdiction over individual defendants.
C. does not have imprisonment as punishment.
D. uses exile and imprisonment in the nation of the victim as punishment.
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The globalized new world order is the only theory that has abandoned the notion that:
A. multi-national corporations are the seat of power.
B. NGOs should act as a global police.
C. the nation-state is the primary actor on the global stage.
D. international law has a set of unambiguous goals.
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CISG could apply to a contract between Melinda, a U.S. consumer, and Big Co., a German company.
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Joe, a victim of human rights abuses, may bring a case before the International Court of Justice.
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The UN's power to enforce its decrees is a matter of voluntary acquiescence.
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_____ is aimed at understanding the laws of nature and the principles of the physical universe without any practical goals in mind.
A. Pure research
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C. Motivation test
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The _____ is responsible for regulating the transportation and the wholesale price of natural gas and electricity sold for use in interstate commerce.
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C. Federal Energy Regulatory Commission
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_____ is an academic discipline that studies the natural universe with the goal of understanding the physical laws that guide the operation of the universe.
A. Philosophy
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C. Technology
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The Copenhagen Accord actually operates outside the jurisdiction of the United Nations.
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Police power is the state's authority to promote public health, safety, welfare, and morals.
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The general welfare clause has been used over the last two centuries to give Congress the power to create a national police force and the FBI.
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Which of the following would be considered a valid informed consent by a court?
A. Dr. Ambrose tells her patient in advance about a dangerous procedure and the risk involved, and obtains the patient's informed consent in writing on a form that is signed by the patient.
B. Dr. Ambrose tells her patient in advance about a dangerous procedure and the risk involved and obtains the patient's informed consent in writing on a form that is signed by the patient and witnessed by a third party.
C. Dr. Ambrose obtains her patient's oral informed consent, which is witnessed by a third party.
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An attorney also has a _____ to protect the client and to make certain that the client receives advice and representation that is free of conflicting interests.
A. duty of due care
B. duty of loyalty
C. duty of proximity
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Ostensible authority is created when a hospital presents itself to the public-at-large as a provider of health care services and in some way leads the patient to believe that a physician with staff privileges is an employee of the hospital.
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For a patient to succeed in a negligence case against a health care professional, the patient must demonstrate that the health care provider owed a duty to that patient.
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Dai executes a will and provides copies to all her children. Later she prepares a different will and destroys the first original will but not the copies. Has the original will been canceled?
A. No, since the copies still exist.
B. Yes, since Dai destroyed the original.
C. No, since delivering the copies prevents Dai from later changing her will.
D. Yes, since the last will is always the one probated.
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B. a nuncupative will, which is valid in all states.
C. a valid holographic will.
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A devisee receives real property under a will.
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