State with no-fault insurance

Assignment Help Business Management
Reference no: EM131077485

Since safe driving should be incentivized by the law, the state's no-fault insurance statute should be dropped. In a state with no-fault insurance the insurer of an injured driver pays for damages even if the driver is not at fault. So the risk to the insurance company is greater than it would be if it only had to cover damages for drivers who were at fault. Consequently, safe drivers payer higher rates than they would without a no-fault law.

What's the main conclusion of the argument?

A. Safe driving should be incentivized by the law

B. The state's no-fault insurance statute should be dropped

C. In a state with no-fault insurance the insurer of an injured driver pays for damages even if the driver is not at fault

D. The risk to the insurance company is greater than it would be if it only had to cover damages for drivers who were at fault.

Reference no: EM131077485

Questions Cloud

Respond to the given posts using one outside source : Respond to the following posts in a 100 words using one outside source. I have been in the security business for 15 years & more, and I have been enduring a lot of things & seeing so much that goes on consistently.
Specifically the key drivers for the change : Discuss specifically the key drivers for the change in demand along with the steps that were taken and the expected impact. Be sure to provide any URLs you used as a reference source for your answer. The selected article must provide well-rounded ..
Awarding excessive damages in cases : Are juries awarding excessive damages in these cases? How should we decide what is a frivolous lawsuit? Should limits be placed on punitive damages - why or why not?
Shows the output voltage of an op-amp in response : 12. Figure 6-41 shows the output voltage of an op-amp in response to a step input. What is the slew rate?
State with no-fault insurance : What's the main conclusion of the argument? A. Safe driving should be incentivized by the law B. The state's no-fault insurance statute should be dropped C. In a state with no-fault insurance the insurer of an injured driver pays for damages even if ..
Write a c++ definition for such a method for the class link : Write a C++ defi nition for such a method for the class Linked Bag.
Problem regarding the criticism of a premise : You should rely on online reviews for making purchases.  Online reviews are easy to access and free to view, so there's no drawback for checking them.
Write a c++ interface for the pile''s methods : Then write a C++ interface for the pile's methods. Include javadoc -style comments in your code.
Demonstrate leadership skills for building partnerships : Demonstrate leadership skills for building partnerships. Explain why cultural competence alone cannot address health disparity.

Reviews

Write a Review

Business Management Questions & Answers

  Strategic implications of the blurring of boundaries

Identify the strategic implications of the blurring of boundaries between nonprofits and for-profits in the donor- advised funds field.

  Ethical reasoning in business

Do you agree that this is a true statement? Might the answer to this question vary depending on the type of business? Explain.

  Explain at least two strategies that whole foods could use

Propose and explain at least two strategies that Whole Foods could use to become a participant in global business. Suggest a country into which Whole Foods can enter. Justify your reasoning.

  Colorado technical university

You are a professional staff member working in your state government. You will be making a policy recommendation to your governor on an emerging policy issue. Each week, you will be adding content to your recommendation. Complete the following for..

  Determine the importance of the type of planning

State a possible consequence of other fund managers thinking in a similar vein to yourself and state how the strategic and sometimes medium term objectives of a company may differ in an important aspect from operational planning.

  What is the firm target debt-equity ratio

The Mouse Trap has a cost of equity of 16.5 percent and a pre-tax cost of debt of 7.4 percent. The firm's target weighted average cost of capital is 11.5 percent and its tax rate is 34 percent. What is the firm's target debt-equity ratio?

  Addressing issues in ethics and legal conflicts in business

Please provide an example of a written analysis about issues that arise in business environment. Address the ethical components and factors, as well as how the management would handle legal issues,

  What is the most significant problem facing visa

Research the VISA website. After studying of all the documents you can find on the web and in libraries write a three page response to the following questions

  Examine the integrated business communication

Discover the Web site which has the "About Us" section or a "Press Release" section. Write down three to four (3-4) page paper addressing the following: Recognize the Web site, sender, and perceived receiver.

  Developing and leveraging the full potential of its resource

How the establishment of entry into this region by your company will lead to entry barriers for competitors who enter the region at a later date

  Develop an implementation plan

Develop an implementation plan

  Advantages of concept analysis

What are the advantages of concept analysis in relation to theory development? Are there disadvantages? Why or why not?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd