Question
An insurance policy offering 100/300/50 in bodily injury and property damage coverage means that A. the insurance will pay up to $50,000 per injured person
An insurance policy offering 100/300/50 in bodily injury and property damage coverage means that
| A. | the insurance will pay up to $50,000 per injured person per accident; regardless of the number of individuals injured. | |
| B. | the insurance will pay up to $100,000 per injured person per accident; regardless of the number of individuals injured. | |
| C. | the insurance will pay up to $300,000, or $100,000 or $50,000 per injured person depending on the severity of their injury. | |
| D. | the insurance will pay up to $100,000 per injured person with a total of $300,000 for bodily injuries per accident. | |
| E. | the insurance will pay up to $300,000 per injured person per accident; regardless of the number of individuals injured. |
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Corporate Finance Concepts
Authors: Christian Schopper
2nd Edition
B0BCWPKLJG, 979-8849542133
