What is it about liability coverage that makes it so important?
A) There is no way to know in advance what your potential liability loss will be.
B) Huge sums of money are handed out in settlements over lawsuits over auto accidents.
C) This coverage will pay all legal costs should you be involved in a civil case arising from an accident.
D) All of the above are correct.
Answer: D
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Companies MOST often resort to mergers and acquisitions when they want to expand their markets and product lines because ________
A) it minimizes conflicts that are rooted on hidden agendas and power struggles B) it minimizes time and investment to research and develop new products C) upper management prefers to concentrate on day-to-day activities D) employees are motivated to work harder because of the resulting stability E) more than 70 percent of all mergers exceed financial expectations