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Solve the Problem. -Four People Are Injured in an Auto Accident, and Each

Question 111

Multiple Choice

Solve the problem.
-Four people are injured in an auto accident, and each receives $21,000 in damages from the court. The driver has liability limits of 100/300. Find the amount that the insurance company must pay and the amount that the insured must pay.


A) $84,000, $0
B) $100,000, $16,000
C) $300,000, $16,000
D) $0, $63,000

Correct Answer:

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