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Simple English definitions for legal terms

knowledge-of-falsity exclusion

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A quick definition of knowledge-of-falsity exclusion:

The knowledge-of-falsity exclusion is a rule that says insurance companies don't have to pay for damages caused by lies. If someone says something they know is false and it causes harm, the insurance won't cover it. This is like if you told a friend a lie that made them get hurt, and your mom said she wouldn't buy you a new toy to make up for it. It's important to always tell the truth so that everyone stays safe and happy.

A more thorough explanation:

Definition: A provision in some commercial general liability policies that excludes coverage for damages arising from an oral or written communication made by the insured with knowledge that it is false.

Example: A company publishes an advertisement claiming that their product can cure cancer. They know that this claim is false, but they still publish it. If someone sues the company for false advertising, their insurance policy may have a knowledge-of-falsity exclusion, which means that the insurance company will not cover the damages.

This example illustrates how the knowledge-of-falsity exclusion works. If the insured knowingly makes a false statement, they cannot rely on their insurance policy to cover any damages resulting from that statement.

knowing consent | known creditor

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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