Recommended Limits for Auto Liability Insurance Are at Least

question 81

Multiple Choice

Recommended limits for auto liability insurance are at least

• A)20/40/15.
• B)25/50/20.
• C)50/100/25.
• D)250/500/100.

---

Definitions:

Rate Of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's cost.

Discontinued Operations

Components of a business that have been disposed of or are being held for sale, separate from continuing operations.

Transitory Component

Temporary fluctuations in financial or economic data that do not reflect long-term trends and are expected to revert over time.

Permanent Earnings Component

The part of a company's net income expected to continue in the future, excluding any extraordinary or one-time events.