Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
chouri chouri
wrote...
Posts: 639
Rep: 0 0
6 years ago
John occasionally borrows the car of his friend, Sophie. Sophie has a PAP with liability limits of 100/300/50. John also has a PAP, and his liability limits 250/500/50. John had an accident while using Sophie's car and was found to be legally liable for $300,000 in bodily injury liability for injuries suffered by one person. How much will be paid by each policy?
A) Sophie's policy will pay $150,000, John's policy will pay $150,000.
B) Sophie's policy will pay $50,000, John's policy will pay $250,000.
C) Sophie's policy will pay $100,000, John's policy will pay $200,000.
D) John's policy will pay the entire amount.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
Read 89 times
2 Replies
Replies
Answer verified by a subject expert
ownzore3ownzore3
wrote...
Top Poster
Posts: 554
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

chouri Author
wrote...
5 years ago
Thanks for the help!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  949 People Browsing
Related Images
  
 611
  
 685
  
 269
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 308