Exam (elaborations)
RMI 211 Quiz Questions And Answers Latest Update
- Course
- RMI 211
- Institution
- Missouri State University
RMI 211 Quiz Questions And Answers Latest Update
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RMI 211 Quiz 21 2024-2025 QuestionsAnd Answers Latest Update
C - 1) Under financial responsibility laws, proof of financial responsibility is
generally required under which of the following circumstances?
A) The use of an auto by any driver with fewer than 3 years of driving experience
B) When an individual renews his or her driver's license
C) Failure to pay a final judgment resulting from an auto accident
D) The accumulation of unpaid parking tickets exceeding a specified value
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, A - 2) Defects of financial responsibility laws include which of the following?
I. Accident victims may not be fully compensated for their injuries.
II. They apply only to property damage losses, not to bodily injury claims.
A) I only
B) II only
C) both I and II
D) neither I nor II
C - 3) Criticisms of compulsory insurance laws include which of the following?
I. They provide less than complete protection since they require only a minimum
amount of liability insurance.
II. Even with compulsory insurance laws, a substantial number of motorists
continue to operate vehicles without insurance.
A) I only
B) II only
C) both I and II
D) neither I nor II
A - 4) Which of the following statements about unsatisfied judgment funds is (are)
true?
I. An accident victim must obtain a judgment against the motorist who caused an
accident and must show the judgment cannot be collected.
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