Which of the Following Statements About the Factors Affecting Automobile

question 26

Multiple Choice

Which of the following statements about the factors affecting automobile insurance rates is true?

• A)The cost of collision coverage increases as a car gets older.
• B)Because of high speeds in rural areas,rural drivers tend to pay more for auto insurance than city drivers pay for auto insurance.
• C)Young unmarried male drivers tend to have fewer accidents than young married male drivers in the same age category.
• D)People who drive a car to and from work tend to be charged higher rates than those who use a car for pleasure purposes.

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Definitions:

Sociocultural Factors

Sociocultural factors are the social, cultural, and environmental influences that affect individuals' behaviors, attitudes, and preferences, impacting societal norms and individual interactions.

Technological Factors

Aspects related to innovations, inventions, and technological advancements that can affect the operations, opportunities, and threats to a business.

Work Permit

An official document granting a foreigner the permission to take employment in a country other than their own.

H2 Visa

A type of visa allowing individuals to come to the United States temporarily for seasonal agricultural work.