Monday:
Discussion on "What is Insurance?" and "Why is it necessary?"
Reviewed Terms Used in Insurance pg. 423
Discussion of Life Insurance and various options
Homework is to read Ch. pgs. 422-429
Tuesday:
Complete questions #1-10 pg. 429 and submit for Homework assignment by end of class (re-read chapter if necessary).
Wednesday:
Ch. 37 Quiz (will not take up entire class period)
Disussion of "Types of Insurance Companies" pg. 424 and "Who May Be Insured" (what does an insurable interest actually mean).
Thursday:
Discuss "Proxy" forms from Vanguard. My personal investments. Reinforcing stockholders rights and voting priviledges.
Return Ch. 37 Quiz, go over. Complete w/ class pg. 248 from Study Guide.
Friday:
Legal aspects of insurance contract pg. 426-429
Complete review of End of Chapter Questions (Tuesday's homework assign.)
WEEK OF
Monday:
Guest Speaker: Dr. Marletta
Professional Witness
Tuesday:
Review Lesson Outline (notes on projector)
Complete Odd # Cases pg. 430-431 (Read Below "Quiet Title")
An action to quiet title is a lawsuit filed to establish ownership of real property (land and buildings affixed to land). The plaintiff in a quiet title action seeks a court order that prevents the respondent from making any subsequent claim to the property. Quiet title actions are necessary because real estate may change hands often, and it is not always easy to determine who has title to the property.
A quiet title suit is also called a suit to remove a cloud. A cloud is any claim or potential claim to ownership of the property. The cloud can be a claim of full ownership of the property or a claim of partial ownership, such as a lien in an amount that does not exceed the value of the property. A title to real property is clouded if the plaintiff, as the buyer or recipient of real estate, might have to defend her full ownership of the property in court against some party in the future. A landowner may bring a quiet title action regardless of whether the respondent is asserting a present right to gain possession of the premises.
Wednesday:
Review Liberty Mutual Insurance Policy (Auto)
Ch. 37 Study Guide pgs. 245-246
Thursday:
Ch. 37 Test (Cases Only)