Identify the law that acts to induce motorists to buy auto liability insurance so victims of their negligence will receive compensation.
A) Financial responsibility law
B) Tort law
C) Pure no-fault law
D) Modified no-fault law
E) Compulsory auto liability insurance law
Correct Answer:
Verified
Q21: In states that adopted modified no-fault laws,
Q22: Bankruptcy or insolvency of a covered person
Q23: Identify the law that requires automobile registrants
Q24: Which of the following statements is true
Q25: Many states have funds to provide compensation
Q27: Identify the category of no-fault law that
Q28: Interest in no-fault grew from the belief
Q29: Under these plans, drivers who cannot buy
Q30: If you were involved in a multicar
Q31: A typical law requires evidence of this
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