All of the following are characteristics of the liability risk that mo

All of the following are characteristics of the liability risk that most people face EXCEPT

A) a lien may be placed on your income and assets to satisfy a legal judgment.
B) substantial legal expenses may be incurred defending the claim.
C) there is no upper limit on the amount of the loss.
D) owning liability insurance eliminates the possibility of being held legally liable.

 

 

ANSWER

Answer: D

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