Most States Require That a Vehicle Owner Maintain Uninsured Motorist

question 33

True/False

Most states require that a vehicle owner maintain uninsured motorist coverage on his or her vehicle in order for that person to lawfully drive on public roadways.

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Definitions:

Eurodollar Deposit

A U.S. dollar-denominated deposit held at banks outside the United States, typically used in international transactions.

American Dollar

The official currency of the United States, also known as the USD or US dollar.

London Bank

Generally refers to banks based in London, a major international financial center, but without specifying any particular institution or its activities.

British Pound

The currency of the United Kingdom, which is one of the world's major currencies traded on foreign exchange markets.