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1. Within what time period, from the date when the damage first began, does the owner of an office block have a right to sue the builder for negligent construction work?
A) 6 years.
B) 3 years.
C) 9 years.
D) 15 years.
2. Which body represents the solicitors' profession in England and Wales?
A) Bar Council.
B) The Law Society.
C) The Faculty of Advocates.
D) The Solicitors Regulation Authority.
3. What is the maximum contingency fee percentage under a damages-based agreement that can be charged by a solicitor for personal injury cases and employment tribunal cases respectively?
A) 35% for personal injury cases and 25% for employment tribunal cases.
B) 50% for both cases.
C) 35% for both cases.
D) 25% for personal injury cases and 35% for employment tribunal cases.
4. What is the role of the Financial Ombudsman Service (FOS) in insurance disputes?
A) It helps consumers resolve complaints with their insurers
B) It issues licenses to insurance companies
C) It provides legal advice to insurers
D) It regulates the pricing of insurance products
5. What type of reduction is sometimes applied to the replacement cost of an item under an insurance policy claim in order to reflect the application of indemnity?
A) Brokerage.
B) Wear and tear.
C) Loss of interest.
D) An excess.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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