Question
You choose to carry the minimum liability car insurance. You hit a car with 3 people inside. The car is valued at $30,000. Injuries to
You choose to carry the minimum liability car insurance. You hit a car with 3 people inside. The car is valued at $30,000. Injuries to the 3 people are: $50,000, 10,000, 30,000. How much will you owe after your insurance pays its part?
| a. | $5,000 | |
| b. | $15,000 | |
| c. | $25,000 | |
| d. | $35,000 | |
| e. | You will not owe anything. |
The settlement option chosen for most beneficiaries of a life insurance policy is
| a. | fixed amount. | |
| b. | fixed time. | |
| c. | life income. | |
| d. | lump sum. | |
| e. | interest only |
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
4th Edition
1567932800, 978-1567932805
