Joyce was injured by an uninsured drunk driver while she was riding in a friend's car. Joyce and her friend each have a PAP with an uninsured motorists limit of $50,000. How much will be paid by each policy if it is determined that Joyce has $70,000 of bodily injuries? (a) Each policy will pay $35,000 (b) Joyce's policy will pay $50,000 and the friend's policy will pay nothing (c) Joyce's policy will pay $50,000 and the friend's policy will pay $20,000 (d) The friend's policy will pay $50,000 and Joyce's policy will pay $20,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Joyce was injured by an uninsured drunk driver while she was riding in a friend's car. Joyce and her friend each have a PAP with an ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Under the direct write-off method, uncollectible accounts expense is recognized a. in an adjusting entry at the end of the accounting period. b. when the allowance account has a zero balance. c. when an account is determined to be uncollectible. d.
Answers (1)
You are a general manager of a firm that manufactures personal computers. Due to a soft economy, demand for PCs has dropped 50 percent from the previous year.
Answers (1)
How would a reduction in the temperature from 80 degrees to 50 degrees affect one's decision to go swimming?
Answers (1)
If you have a good judgement and can handle pressure on the job you show
Answers (1)
The Net Promoter Score measures: Group of answer choices the degree to which a viewer promotes the product. revisits to the product website. satisfaction. loyalty. the number of likes on a product page.
Answers (1)
New Questions in Business
Consumer surplus is a. the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it. b. the amount a buyer is willing to pay for a good minus the cost of producing the good. c.
Answers (1)
You've borrowed $20,000 on margin to buy shares in ixnay, which is now selling at $40 per share. your account starts at the initial margin requirement of 50%. the maintenance margin is 35%. two days later, the stock price falls to $35 per share. a.
Answers (1)
The length of a rectangle is twice the width the perimeter is 36 ft find length and width
Answers (1)
An owner withdrawal of $20,000 would: A. decrease owner’s equity and increase assets by $20,000. B. increase owner’s equity and decrease liabilities by $20,000. C. increase liabilities and assets by $20,000.
Answers (1)
Leah, the CEO of SteadyResults Corp., feels that she is underpaid, so she hires a compensation consultant to survey actual competitors of the company. According to agency theory, if SteadyResults performs poorly, her salary will most likely:
Answers (1)