An Excess Judgment Is a Judgment Obtained in an Amount

question 33

True/False

An excess judgment is a judgment obtained in an amount greater than the applicable policy limits.

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Definitions:

Business Product

A result of manufacturing or production processes, offered by businesses to meet consumer needs or market demand, ranging from tangible goods to services.

Checkout Counter

A designated area or desk where customers pay for the goods or services they wish to purchase, typically found in retail stores.