What Are the Areas Covered in Part A: Liability Coverage

question 148

Multiple Choice

What are the areas covered in Part A: Liability coverage in a personal automobile policy?

• A)Bodily injury,property damage,judgments awarded,court costs,legal defense fees
• B)Bodily injury,property damage,court costs,legal defense fees,bail bond
• C)Bodily injury,property damage,legal defense fees,bail bond,loss of wages
• D)Bodily injury,judgments awarded,court costs,loss of wages
• E)Judgments awarded,property damage,court costs,legal defense fees,bail bond

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Definitions:

Cumulative Voting

A voting system used in corporate elections, allowing shareholders to concentrate all their votes on one candidate rather than spreading them out, enhancing minority shareholders' representation.

Straight Voting

A voting method in corporate elections allowing shareholders to cast all their votes for a single candidate for each available position.

Minority Shareholders

Shareholders who own a smaller portion of a company's shares and typically do not have control or significant influence over company decisions.

Ordinary Proxy

A standard proxy that grants another individual the right to vote shares on behalf of the shareholder at a company's annual meeting.