Which of the Following Statements Is True Regarding Unsatisfied Judgment

question 35

Multiple Choice

Which of the following statements is true regarding unsatisfied judgment funds?

• A)An accident victim can choose to collect from the negligent driver or from the fund.
• B)The negligent driver is relieved of legal responsibility when the fund makes a payment to the accident victim.
• C)The maximum amount an individual can collect from the fund is usually much more than the minimum liability limits required by the state.
• D)An accident victim must have exhausted other means of recovery before collecting from the fund.

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Definitions:

Unethical Behavior

Unethical behavior refers to actions or decisions that go against moral principles and ethical standards, often resulting in harmful consequences for individuals, organizations, or society.

Expense Accounts

Financial accounts designated for tracking expenditures associated with business activities, allowing for reimbursement or tax deductions.

Lead Routing

The process of distributing incoming leads among sales team members based on predefined criteria to improve efficiency and success rates.

Buying Stage

The phase in the consumer purchase process that involves the evaluation of alternatives and the final decision to purchase a product or service.