Chuck Has an Accident in Which He Is at Fault

question 22

Multiple Choice

Chuck has an accident in which he is at fault. His liability limits on his PAP are 100/200/50. Five people besides Chuck are injured in the auto accident. Assuming that the following claims are paid in the order in which they are listed, how much will Chuck's insurer pay, in total, for all the bodily injuries? Joe = $75,000 Mama = $125,000 Fred = $2,500 Granny = $2,500 Bo = $5,000

• A) $75,000
• B) $200,000
• C) $185,000
• D) $100,000

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Noncash Investing

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The difference between a company's cash inflows and outflows in a given period.

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