Take this short quiz to test your knowledge of the key terms of the security alarm contract. The answers are at the bottom. If we can be of service, please contact Michael Revness, Esq. at mrevness@alarmlegal.com
1. Limitation of Liability protects the company against:
(a) losses incurred by our customer’s guests
(b) losses incurred by our customer
(c) all of the above
2. Indemnification requires our customer to defend us:
(a) if our customer is injured during a burglary
(b) if a guest is injured in our customer’s home during a fire
(c) all of the above
3. Waiver of subrogation does the following:
(a) requires that our insurance carrier cover a loss not insured by the customer’s insurance
(b) waives our insurance carrier’s responsibility for losses
(c) prohibits our customer’s insurance carrier from collecting money from our company
(d) all of the above
4. The 3 day right of recession (Cooling Off Period) law requires that we give:
(a) a residential customer a written notice of cancellation for all sales
(b) all customers a written notice of cancellation in a face to face sale
(c) residential customers a written notice of cancellation in a face to face sale
(d) all of the above
Answer Key:
1. (b)
2. (b)
3. (c)
4. (c)
Michael J. Revness, Esq., is a founding partner and chairs the security alarm department at Kurtz & Revness, P.C. For questions, comments, or requests for legal service, please call Mr. Revness at (610) 688-2855, or drop an e-mail to michael.revness@kandrlaw.com. This article is for information purposes only and does not constitute, and should not be relied upon as, legal advice.