1. After the Tylenol cyanide crisis, indicate one outcome Johnson & Johnson implemented te regain product market share and convince consumers to buy Tylenol again. (1 point) 2. Discuss in detail at least two things you learned about the outcomes of the Liebeck McDonald's case (2 points). Be specifis. 3. On what basis did Jerry Sandusky's homeowners insurance company deny his request for legal defense coverage under his homeowners policy? point) 4. Why isn't mold covered under standard Homeowners policies? Explain. (1 point) & Name and define the elements required to establish negligence. (8 points) & Under Michigan No-Fault Law, what is the name of the PAP coverage which would provide coverage for injuries sustained by the named insured as a result of an auto accident? (point) 7. What principle of insurance allows Insurance companies to use quality recycled parts or aftermarket parts when repairing a damaged automobile? Identify the principle and then explain your answer. (2 points) & Antonio Bryant has a PAP with the following coverages: - Collision $250 deductible Other than collision $100 deductible - Liability coverage 100/300/50 For each of the following situations, indicate if the loss would be covered or not and the amount payable, if any, under the PAP. Assume each situation is a separate event. (4 points) . Antonio's car hits a horse crosting a highway. The cast to repair his vehicle is $2,500 h Antonio's wife is driving the family car in a storm. She loves control of the car on roads and nashes into another cur injuring one passenger The damage to the family car is $10.000. The damage to the other car is $8,000. The other motoristusained injuries totaling $125.000 9. Vanessa Smith is the named insured on a homeowner's policy. Indicate whether each of the following situations would be covered or not covered under Section Il liability) of her homeowners (HO-3) policy. Gise a reason for your answer. (6 points) & Vanessa's dog bites the neighbor's child and also chews up the neighbor's cont. A gest slips on Vanessa's waxed kitchen floor and breaks ant arm. While driving to the supermarket, Vanessa loser control of her vehicle. strikes another vehicle and injures the other motorist. 11. Karol has a personal umbrella policy with a 1 million dollar limit. The self-insured retention is $250. Karol also has an auto insurance policy and a homeowners policy with no special endorsements. Her policies have the following limits: - Homeowners policy: $300,000 - Personal auto policy: 250/500/50