Which of the Following Is Covered Under Collision Automobile Insurance

question 5

Multiple Choice

Which of the following is covered under collision automobile insurance for a car? ​

• A)Unintentionally crashing the car while hauling a horse trailer
• B)Crashing a car in the sidewalk while being in an drunk state
• C)Damage to the car caused by a donkey kicking the door
• D)Windshield damage as a result of a hailstorm

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Definitions:

Commercial Bank Loans

are loans that businesses and individuals can obtain from a commercial bank to finance various needs, such as business expansion or personal expenses.

Short-Term Financing

Refers to borrowing funds for a period of less than one year to meet immediate financial requirements.

Spontaneous Financing

Financing that naturally increases as a firm's operating levels increase, typically through trade credits and accruals.

Five Year Bonds

Debt securities issued with a maturity of five years, typically paying interest semi-annually.