Multiple Choice
Jake drove Amanda's truck to the football bowl game because his car was broken.On the way home,Jake was involved in an accident that was his fault.The resulting liability damages totaled $85,000.Jake has $100,000 liability coverage on his car,and Amanda has $50,000 on her truck.How would the $85,000 liability damages be paid for this accident?
A) $50,000 from Amanda's policy with no further payment
B) $85,000 from Jake's policy
C) $50,000 from Amanda's policy plus $35,000 from Jake's policy
D) $50,000 from Amanda's policy plus $35,000 out of Jake's pocket
E) $50,000 from Amanda's policy plus $35,000 out of Amanda's pocket.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Personal property floaters provide increased coverage for
Q9: Homeowners' insurance will cover which of the
Q11: INSTRUCTIONS: Choose the word or phrase in
Q14: INSTRUCTIONS: Choose the word or phrase in
Q15: You could save money on your car
Q94: Financial responsibility laws in most states are
Q96: Auto insurance premiums are generally reduced by<br>A)choosing
Q99: Choose the word or phrase in [
Q128: Choose the word or phrase in [
Q160: Choose the word or phrase in [