Beginning with the 2002 Model Year on the Lincoln LS

question 10

Multiple Choice

Beginning with the 2002 model year on the Lincoln LS and the Ford Thunderbird, Ford divided the GEM into two control modules. These modules are referred to as the:

• A) GEM and the BCM
• B) BCM and the ABCM
• C) FEM and the REM
• D) IPC and the MIC

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Definitions:

Deductible

The amount paid out of pocket by the policyholder before an insurance provider pays any expenses.

Premium

An amount paid that is above the standard price or rate for an enhanced feature, service, or higher priority.

Insurance Companies

Financial institutions that provide coverage against specific losses in exchange for premiums.

Signaling

Taking some action to establish credibility despite possessing private information; a way to reduce adverse selection.