If financial responsibility does not exist at the time of an accident, what are the two requirements to avoid penalty?
| The owner or operator must satisfy or pay for any claims of theirs up to the minimum requirements of 10/20/10. The owner or operator must not pay the claims of others and should instead secure a release from the other party that all claims have been satisfied. | |
| None of these answers | |
| The owner and operator must not provide certification of financial responsibility for any accidents. | |
| Both of these answers |
Your answer :
The owner or operator must satisfy or pay for any claims of theirs up to the minimum requirements of 10/20/10. The owner or operator must not pay the claims of others and should instead secure a release from the other party that all claims have been satisfied.
" The owner or operator must satisfy or pay for any claims of others up to the minimum requirements of 10/20/10. The owner or operator must pay the claims of others and secure a release from the other party that all claims have been satisfied. 2) The owner and operator must provide certification of financial responsibility for future accidents. " is the correct response to:
IN THE LIST OF CHOICES I THINK THERE IS A MISTAKE BECAUSE THE OWNER AND OPERATOR MUST PROVIDE THE CERTIFICATION.
JULIAN
