Which of the following statements concerning the collision damage waiv

Which of the following statements concerning the collision damage waiver when renting an auto is true?

I. It relieves the renter from legal liability to third parties arising out of operation of the rented car.
II. It relieves the renter from legal liability for the vehicle if it is damaged or stolen.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: B