Discuss what is meant by a financial responsibility law

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Question: 1. Discuss three key exclusions that apply to all coverages on the PAP. Provide a plausible reason for each exclusion

a. Discuss what is meant by a financial responsibility law

b. Discuss what is meant by a compulsory insurance law

c.What is the difference between a monetary threshold and a verbal threshold?

Reference no: EM131793509

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