Collateral Source
This trap appears as a wrong-answer choice in 1 active question. Spotting how it is built is the repair: read each example's “why it's attractive” before the “why it's wrong.”
Subject distribution
- Real Property1
Example wrong choices
22018_lakeside_lodge_risk · REAL_PROPERTY · Choice AStephen had a policy of insurance insuring him against fire damage to the lodge.
Why it's attractive
The seller citing his own coverage argues he is made whole, not that the buyer owes.
Why it's wrong
The seller citing his own coverage argues he is made whole, not that the buyer owes.
22018_lakeside_lodge_risk · REAL_PROPERTY · Choice CA fire is presumed to be the fault of the person in possession of the property when it occurs.
Why it's attractive
A sweeping 'presumed at fault from possession' rule invented on the spot.
Why it's wrong
A sweeping 'presumed at fault from possession' rule invented on the spot.
22018_lakeside_lodge_risk · REAL_PROPERTY · Choice DLydia purchased a policy of fire insurance covering the lodge after agreeing to buy it.
Why it's attractive
Who bought insurance is about reimbursement, not who bears the price risk.
Why it's wrong
Who bought insurance is about reimbursement, not who bears the price risk.
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