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Under an Insurance Policy with a Coverage of $50,000/$120,000, with Damages

Question 12

Multiple Choice

Under an insurance policy with a coverage of $50,000/$120,000, with damages totaling $60,000 in a lawsuit for plaintiff 1 and $10,000 for plaintiff 2, the insured is responsible for ___________.


A) $60,000
B) $10,000
C) $50,000
D) $40,000

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