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Question: Which of the following statements about Liability risks is/are true?

I - Future income and assets can be attached to pay judgments if inadequate insurance is carried
II - There is an upper limit on the amount of loss

Options:

  1.  I  only
  2.  II only
  3.  Both I and II
  4.  Neither I  nor II

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1 Answer

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Best answer

1. I  only

The statement 'Future income and assets can be attached to pay judgments if inadequate insurance is carried' about Liability risks is true.

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