You plan to purchase a personal automobile policy on your new car. You want to be able to understand the four basic parts, which are:

What will be an ideal response?

Answer:
Part A: Liability coverage provides protection for you if you are legally liable for bodily injury and property damage caused by your automobile. It includes payment for any judgment awarded, court costs, and legal defense fees.
Part B: Medical expense coverage pays medical bills and funeral expenses, with limits per person, for you and your passengers.
Part C: Uninsured motorist's protection coverage protects you by covering bodily injury and property damage caused by drivers without liability insurance. It is required in many states.
Part D: Damage to your automobile provides coverage for collision with another vehicle or an object. With collision insurance, losses are covered regardless of whose fault it is.

Business

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Explain the 3 decision phases (categories) that must be made in a successful supply chain

What will be an ideal response?

Business

A country imposes a tariff on goods that it sells abroad at the request of another nation. This is an example of a(n) ________

A) embargo B) ad valorem tariff C) compound tariff D) voluntary export restraint

Business