Wilhelmina Jones is a physician who has a medical malpractice liability insurance policy through ACME Insurance Co. with a $5 million coverage limit. One of Wilhelmina's patients sued her, alleging medical malpractice. The patient offered to settle his claim for $100,000. Wilhelmina instructed ACME to refuse the patient's settlement demand, offer him nothing, and defend the lawsuit at trial. Which one of the following statements about Wilhelmina's instructions to ACME is true? Select one: a. ACME may not settle the claim, but Wilhelmina may be personally liable if a judgment of more than $100,000 is entered against her O b. ACME is now free to refuse to defend Wilhelmina and may deny her coverage under her policy O c. They have no effect and ACME may settle the patient's lawsuit as it sees fit O d. ACME may not settle the claim, must defend the lawsuit, and must pay up to its $5 million limit for any judgment entered against Wilhelmina